78°
Baton Rouge, Louisiana
3 Day Outlook
Wed
88°
71°
60%
Thu
87°
70°
60%
Fri
86°
70°
40%

Latest Weather Blog

Follow our weather team on social media

US may soon become world's top oil producer

2 years ago October 23, 2012 Oct 23, 2012 Tuesday, October 23 2012 Tuesday, October 23, 2012 11:53:31 AM EDT in News
Source: Associated Press

NEW YORK - U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer.

The boom in production is being driven by high oil prices and new drilling methods that are allowing energy companies to unlock oil trapped between rocks.

U.S. production of oil and other liquid hydrocarbons is on track to rise 7 percent this year to an average of 10.9 million barrels per day. Energy experts say that within just a few years, the United States could top the Saudis.

Even if that happens, the U.S. will still need to import lots of oil to meet demand. Americans use 18.7 million barrels per day.

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
5 Days
Radar
Today
78°
71°
Wed
Scattered T-Storms
88°
71°
Thu
PM T-Storms
87°
70°
Fri
Scattered T-Storms
86°
70°
Sat
PM T-Storms
85°
69°