US energy production more than matching most OPEC countries

Business Insider:
The US is pumping out more oil than 12 of 14 OPEC members.
The US is now exporting three million barrels of oil a day.  Unfortunately, it is also importing that much or more of heavy crude because US refining capacity has not switched over to handling the light crude coming from the shale wells.   Only OPEC countries Saudi Arabia and Iraq export more than the US at this point.  Texas production alone could surpass that of Iraq this year.


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