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Author Topic: USA Is Overtaking Russia as Largest Oil-and-Gas Producer Back to Topics
SUNLVR

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Phoenix

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Message Posted: Oct 2, 2013 8:42:12 PM

U.S. Is Overtaking Russia as Largest Oil-and-Gas Producer
By RUSSELL GOLD and DANIEL GILBERT
Wall Street Journal – October 2, 2013, 8:10 p.m. EDT (5:10 p.m. MST)

“A Wall Street Journal analysis of global data shows that the U.S. is on track to pass Russia as the world's largest producer of oil and gas combined this year – if it hasn't already – a startling shift that is reshaping markets and eroding the clout of traditional energy-rich nations.”

http://online.wsj.com/article/SB10001424052702303492504579111360245276476.html
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zeroturbulence
Rookie Author San Bernardino

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Message Posted: Oct 23, 2013 6:18:29 PM

Yes its true that the US is one of the largest producers of oil and gas but the problem is that US oil companies sell most of it overseas because they actually get a bigger profit selling it to other countries even with the expense of exporting it.
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PithyOpiner
Champion Author Stockton

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Message Posted: Oct 23, 2013 2:33:48 PM

This is going to make Mr Putin very angry. I sure hope he doesn't let fly with the missels over this.
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MertieMan
Champion Author Lexington

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Message Posted: Oct 5, 2013 7:52:17 AM

If this is indeed so, then why are we still experiencing astronomical gas prices at the pumps? This is like me finding something valuable and charging myself double the rate for it.
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Glasman
Champion Author South Carolina

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Message Posted: Oct 5, 2013 7:44:09 AM

careful: The hall monitor is at work-

watch what you say !
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Glasman
Champion Author South Carolina

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Message Posted: Oct 4, 2013 12:58:50 PM

how is that going to help me at the pump ?

RSVP
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Maintroll
Champion Author Lexington

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Message Posted: Oct 4, 2013 9:45:34 AM

Well good, and if we are, then why aren't the pump prices somewhat cheaper?
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bluenvoy
Champion Author Nashville

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Message Posted: Oct 3, 2013 9:54:33 AM

No thanks to Obama and the other Socialist/Communist Democrats.
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forresj
Champion Author Wilmington

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Message Posted: Oct 3, 2013 8:50:52 AM

It just means that Russia is inefficient in extracting oil from the ground compmared to the U.S. Russia has more oil reserves than the U.S. But they just suck in getting the oil out of the ground.
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MertieMan
Champion Author Lexington

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Message Posted: Oct 3, 2013 5:09:26 AM

Well, I'll be durned!
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Gas_Buddy
Champion Author Maryland

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Message Posted: Oct 2, 2013 9:34:04 PM

Is there a purpose to this thread other than providing a link to a news article? Is there a point of view you want us to take or should be be disagreeing with the article?

Said another way, as you didn't post any comments about the article or the story one way or another, why did you post it here in the General Gas Talk discussion category rather than in the daily news articles category?
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