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Author Topic: IEA: US Soon to Overtake Russia as Top Oil Producer Back to Topics
hyeglenn

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Fresno

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Message Posted: Oct 12, 2013 1:14:25 AM

The United States will become the world's largest oil producer next year overtaking Russia, thanks to its shale oil boom which has remade the global energy landscape, the West's energy watchdog said on Friday.

The prediction comes only days after estimates by the U.S. government showed the spectacular growth in production has allowed the world's largest oil consumer to reduce imports so drastically that it has lost its ranking as the world's biggest oil importer to China.

"The United States' place in the driver's seat of growth is also a throwback to decades past," the International Energy Agency said in its monthly report.

"With output of more than 10 million barrels per day for the last two quarters, its highest in decades, the nation is set to become the largest non-OPEC liquids prod
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honda0105
Champion Author Tallahassee

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Message Posted: Oct 14, 2013 5:47:47 AM

rbutter: not any time soon lol
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rbutterw
Champion Author Raleigh

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Message Posted: Oct 13, 2013 9:03:06 AM

any minute now
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tomok
Champion Author Portland

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Message Posted: Oct 13, 2013 7:48:48 AM

US Soon to Overtake Russia as Top Oil Producer. There was much more crude oil deposits than anybody thought there was. But, will there be enough crude oil and natural gas to supply the US and the world and not run out of it too soon?
The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens!
Take care of the domestic fuel market first and above all else before exporting and selling fuel or natural gas to other countries!
Drive vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
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gravityhurts
Champion Author North Carolina

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Message Posted: Oct 13, 2013 6:45:12 AM

Price drop?
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honda0105
Champion Author Tallahassee

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Message Posted: Oct 13, 2013 6:35:16 AM

how about lowering prices in the US? Oh wait, that would mean Pig Oil would be in the poor house. Boohooey. Crying crocodile tears for Pig Oil.
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KrsnaDragon
Champion Author Montreal

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Message Posted: Oct 13, 2013 3:14:56 AM

Very interesting news. Increasingly, the question is becoming, 'Is it time for the US to resume exports of crude oil..?'
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OTISFL
Champion Author Pensacola

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Message Posted: Oct 13, 2013 1:58:05 AM

High time!
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Vette1967
Champion Author Albany

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Message Posted: Oct 13, 2013 1:31:05 AM

About time.
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snky2k
Champion Author Indianapolis

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Message Posted: Oct 13, 2013 1:17:41 AM

Good. Now we can tell the Saudis to kiss our @$$.
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Zonk
Champion Author Michigan

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Message Posted: Oct 13, 2013 1:17:12 AM

Not if obumer has anything to say about it.
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GasSpy007
Champion Author New York City

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Message Posted: Oct 13, 2013 1:16:39 AM

O'kay..
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Steveshonda
Champion Author Omaha

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Message Posted: Oct 13, 2013 1:16:02 AM

good
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JethroGibbsMKE
Champion Author Milwaukee

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Message Posted: Oct 13, 2013 1:15:36 AM

Stop oil import.
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Bigtex09
Champion Author Dallas

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Message Posted: Oct 13, 2013 1:13:38 AM

interesting
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TXGasPriceSpy
Champion Author Fort Worth

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Message Posted: Oct 13, 2013 1:13:23 AM

Yes, more old news.
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billy44bo
Champion Author Mobile

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Message Posted: Oct 13, 2013 1:13:01 AM

How is this bad.
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jpgilmor
Champion Author Houston

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Message Posted: Oct 13, 2013 1:12:44 AM

Great
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Johnny907
Champion Author Alaska

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Message Posted: Oct 13, 2013 1:12:23 AM

Yay
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DirtDauber
Champion Author San Antonio

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Message Posted: Oct 13, 2013 1:11:29 AM

Old, turning a bit green.
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kd5kpd
Champion Author Texas

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Message Posted: Oct 13, 2013 1:10:27 AM

Old news
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OldMan322
Champion Author Illinois

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Message Posted: Oct 13, 2013 1:07:06 AM

Obama will keep the prices as high as he can
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btex49
Champion Author Austin

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Message Posted: Oct 13, 2013 1:06:49 AM

Old news... but nonetheless, "Go USA!"
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BobD2009
Champion Author Long Island

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Message Posted: Oct 13, 2013 1:05:25 AM

Old news.
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mike1881
Champion Author Fayetteville

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Message Posted: Oct 13, 2013 1:05:01 AM

So how come our gas isn't cheaper?
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PremierOneProp
Champion Author Boise

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Message Posted: Oct 13, 2013 1:04:38 AM

Our balance of trade should be improving which should strengthen the dollar. But Obama insists on deficit spending like a drunker sailor.
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lindact
Champion Author New Haven

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Message Posted: Oct 13, 2013 1:04:31 AM

Old...
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forteras
Champion Author Kentucky

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Message Posted: Oct 13, 2013 1:03:58 AM

S(he)ale yes.
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BMWer
Champion Author Calgary

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Message Posted: Oct 13, 2013 1:03:19 AM

Canada and the US need to establish a North American oil price
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zensei
All-Star Author Los Angeles

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Message Posted: Oct 13, 2013 1:03:00 AM

Will we see gas prices go back down to under $3 per gallon? Don't hold your breath.
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Methodist
Champion Author Indiana

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Message Posted: Oct 13, 2013 12:59:31 AM

k
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DustyHorse
Champion Author Virginia

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Message Posted: Oct 13, 2013 12:58:40 AM

Awesome.
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69Bonne
Champion Author Gary

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Message Posted: Oct 13, 2013 12:58:20 AM

And we still have to pay the world prices of oil.
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arb0526
Champion Author Greensboro

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Message Posted: Oct 13, 2013 12:55:38 AM

very good
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streetcars
Champion Author Toledo

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Message Posted: Oct 13, 2013 12:54:41 AM

WOO-HOO!
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WhiteTreeIndian
Champion Author New Jersey

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Message Posted: Oct 13, 2013 12:51:49 AM

Russia is the most crooked murderous place,,well one of them.
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dieselgus1
Champion Author Montana

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Message Posted: Oct 13, 2013 12:51:32 AM

time to hold it ransom and get back all that money OPEC has bilked out of the US and funneled into the arms of many groups who dont like us.
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TBONE3
Champion Author Pennsylvania

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Message Posted: Oct 13, 2013 12:49:59 AM

Time will tell.
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Matt G
Champion Author Boston

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Message Posted: Oct 13, 2013 12:49:41 AM

Great
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DEG
Champion Author Las Vegas

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Message Posted: Oct 13, 2013 12:49:40 AM

Too bad the American consumers and taxpayers aren't benefiting much from increased oil production at home (greedy Big Oil and Big Government).
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HizznHerz
Champion Author Ontario

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Message Posted: Oct 13, 2013 12:49:13 AM

yet we pay pay pay
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malfrog1
Champion Author South Bend

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Message Posted: Oct 13, 2013 12:47:17 AM

So?
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grt197
Champion Author Illinois

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Message Posted: Oct 13, 2013 12:46:01 AM

ok
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timesaverinc
Champion Author Wichita

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Message Posted: Oct 13, 2013 12:44:49 AM

Doesn't matter still will have to pay market price for the oil
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mfeldstein
Champion Author Ottawa

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Message Posted: Oct 13, 2013 12:44:43 AM

Ban fracking.
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TxMtb
Champion Author Ohio

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Message Posted: Oct 13, 2013 12:44:34 AM

And, we are still exporting oil.
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dbadave
Champion Author Colorado

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Message Posted: Oct 13, 2013 12:44:23 AM

well, hooray for the big oil men/companies. does "Top Oil Producer" translate to "Top Oil Profiteering?" 'cause somebody is making a killing on consumer gas prices.
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chevellefan
Champion Author Georgia

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Message Posted: Oct 13, 2013 12:43:49 AM

old
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VikingWoman
Champion Author Washington

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Message Posted: Oct 13, 2013 12:43:16 AM

ok
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Burger09
Champion Author Ontario

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Message Posted: Oct 13, 2013 12:42:56 AM

Really???
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Ray_10589
Champion Author New York

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Message Posted: Oct 13, 2013 12:41:47 AM

repeat
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