US expected to be world top producer of oil
Washington Examiner:
US soon to leapfrog Saudis, Russia as top oil producerOf course, both the Russians and the Saudis could increase production if they were not concerned about depressing the price of oil. What the US needs in order to become more energy independent is to upgrade its refinery capacity to handle the light crude being produced from shale wells. If it did that, the US could drastically cut its oil imports.
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