Bloomberg reported Monday that U.S. crude oil production hit 11 million barrels a day during the first quarter of this year, beating both Saudi Arabia and Russia.
In fact, it looks like America is going to remain the world’s top oil producer for the rest of 2014. The federal International Energy Agency has already predicted that America will replace the Saudis as the world’s biggest oil producing country by 2020.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.