Feedzilla

American shale revolution ends Saudi Arabia’s reign as oil king


The United States is set to be crowned the world’s largest producer of liquid petroleum this week, knocking Saudi Arabia off the top spot for the first time in two decades.
The shale oil and gas boom in America has led to output increasing from about 8 million barrels a day in 2011 to approaching 12 million barrels.

No comments:

Post a Comment