top oil producer

Energy Department says US is now world’s top oil producer

The United States is pumping record amounts of oil, vaulting over Russia to become the world’s biggest producer of crude. The Energy Information Administration said Thursday that the U.S. produced more than 11.3 million barrels a day in August, a 4 percent increase over the old record set in July. Russia’s energy ministry estimates that … Continue reading Energy Department says US is now world’s top oil producer

US ‘likely’ has taken over as the world’s top oil producer

The United States may have reclaimed the title of the world’s biggest oil producer sooner than expected. The U.S. Energy Information Administration said Wednesday that, based on preliminary estimates, America “likely surpassed” Russia in June and August after jumping over Saudi Arabia earlier this year. If those estimates are right, it would mark the first … Continue reading US ‘likely’ has taken over as the world’s top oil producer

United States | US soon to leapfrog Saudis, Russia as top oil producer

United States – The U.S. is on pace to leapfrog both Saudi Arabia and Russia and reclaim the title of the world’s biggest oil producer for the first time since the 1970s. The latest forecast from the U.S. Energy Information Administration predicts that U.S. output will grow next year to 11.8 million barrels a day. … Continue reading United States | US soon to leapfrog Saudis, Russia as top oil producer