US could outproduce Russia, Saudi Arabia in oil and gas

Tue, 06/12/2012 - 23:45 EDT - France24.com - Business

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The United States is seeing a dramatic surge in oil and gas production and could overtake the world's biggest producers, Russia and Saudi Arabia, in another decade, a US official said."Some of the numbers are eye-popping," Daniel Sullivan, commissioner in Alaska's department of natural resources, told a panel of experts at the International Economic Forum of the Americas in Montreal.In the last quarter the US produced six million barrels of conventional and unconventional oil a day, he said, adding: "We haven't done that in 15 years."

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Excerpts from a new Special Report from
Oil Production by Country 1999-2009
The chart shows the oil production over the last decade by the top oil producing countries. Production totals include crude oil, shale oil, oil sands and NGLs (the liquid content of natural gas where this is recovered separately). Excludes liquid fuels from other sources such as biomass and coal derivatives.

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US could outproduce Russia, Saudi Arabia in oil and gas

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