Posts Tagged ‘IHS CERA’

BOOM — U.S. may soon become world’s top oil producer; no translation to pump soon

NEW YORK — 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 […] [...]

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