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Is US destined to become world’s largest oil producer?

Posted on 07 November 2011

The U.S. likes to fancy itself a place that does everything a bit bigger and better than the rest of the world.And while some of this might just be American bluster, the Yanks have plenty to crow about it when it comes to oil production in recent years.
James Burkhard, the managing director of IHS CERA’s Global Oil Group, said at a Montana Petroleum Association conference that U.S. production of oil increased by 1.2 million barrels per day between 2008 and 2010, reports the Billings Gazette………………………………………..Full Article: Source


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VRS - who has written 39476 posts on Opalesque Commodities Briefing.


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