Regular Reader wrote:
Jbi11s wrote:
At every turn, BANG! POW!
Below is a look at the leading countries based on total oil production in 2016, according to EIA data. Total oil production includes production of crude oil, lease condensate, unfinished oils, refined products obtained from the processing of crude oil, and natural gas plant liquids. It is expressed in barrels per day.
United States
The United States is the top oil-producing country in the world, with an average of 14.86 million b/d, which accounts for 15.3% of the world's production. This is down from 15.12 million b/d in 2015, but it was enough to land the United States in the No. 1 spot, which it has held for the past four years running. The United States overtook Russia in 2012 for the No. 2 spot, and it surpassed former leader Saudi Arabia in 2013 to become the world's top oil producer. Much of the increased U.S. production is attributable to fracking in the shale formations in Texas and North Dakota. The United States has been a net exporter – i.e., exports exceeded imports – of oil since early 2011.
Saudi Arabia
Read more: The World's Top Oil Producers of 2017 | Investopedia
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The US also leads in Wind Energy production for all of you green energy geeks in the world. And Texas does produce more oil now than Saudi Arabia. This while we haven't even touched Anwar's huge reserves and the shale production has been awesome for this country. The US is using energy as a big time trade advantage in the world.