Report Sees U.S. as Top Oil Producer, Overtaking Saudi Arabia, in 5 Years – NYTimes.com

13 Nov

The United States will overtake Saudi Arabia as the world’s leading oil producer by about 2017 and will become a net oil exporter by 2030, the International Energy Agency said Monday.

That increased oil production, combined with new American policies to improve energy efficiency, means that the United States will become “all but self-sufficient” in meeting its energy needs in about two decades — a “dramatic reversal of the trend” in most developed countries, a new report released by the agency says.

And when we’ve ruined out water supply with all that fracking, what are we going to drink?

via Report Sees U.S. as Top Oil Producer, Overtaking Saudi Arabia, in 5 Years – NYTimes.com.

Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: