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Energy Report: US Could by 2017 Be World’s Biggest Oil Producer

Posted November 12th, 2012 at 1:50 pm (UTC-5)
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The International Energy Agency says that by 2017 the United States is likely to overtake Saudi Arabia as the world’s biggest oil producer. The Paris-based energy agency said Monday in its annual forecast that the U.S. is drilling more crude oil through increased use of hydraulic fracturing of underground shale formations. The IEA said it […]

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