The U.S. is on track to surpass Russia as the worlds largest - TopicsExpress



          

The U.S. is on track to surpass Russia as the worlds largest producer of oil and natural gas combined this year. The U.S. has utilized technologies that Russia has not embraced resulting in a boost in energy output for the U.S. and decline in energy output for Russia. The U.S. has decreased natural gas and crude oil imports by 17% in the past five years and opted to use more of its own oil and gas from areas such as North Dakota and South Texas. . Unfortunately, this has not resulted in a decrease in oil prices for Americans but it will offer a global benefits of more stable oil prices. Read more at: online.wsj/articles/SB10001424052702303492504579111360245276476
Posted on: Tue, 28 Oct 2014 15:59:52 +0000

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