According to Dow Jones, a report released Tuesday by the U.S. Energy Information Agency (EIA) predicts that crude oil production in the seven major shale oil producing areas of the United States will increase by 84,000 barrels per day in March to 8,398,000 barrels per day. Crude oil production across the Permian basin in Western Texas and southeastern New Mexico will increase by 43,000 barrels per day, making it the largest shale oil production area.