The largest oil producer in the world will likely be the United States before the end of this year.
The U.S. Energy Information Agency reports that helped by the boom in hydraulic fracturing–also known as fracking–the United States is projected to pull away from Russia and surpass Saudi Arabia as the world’s largest single producer of oil and natural gas.
The agency said that U.S. oil production has increased dramatically over the past five years–mostly in Texas and North Dakota, where fracking has taken off.
Natural gas production has also increased, mostly in the eastern U.S., particularly Pennsylvania, reported the Economic Times.
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