US may soon be world’s top oil producerCrude, liquids projected at 11.4 million bpd next year, just below Saudi Arabia’s 11.6 million bpd; could hit 13-15 million by 2020 Jonathan Fahey Associated Press Energy Writer
U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world’s biggest producer.
Driven by high prices and new drilling methods, U.S. production of crude and other liquid hydrocarbons is on track to rise 7 percent this year to an average of 10.9 million ba....
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Imports still needed Economic impact of drilling Other production drivers Previous peak in 1985
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