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Did You Ever Think the U.S. Would be largest Energy Producer? October 5, 2013

Posted by tkcollier in Economy & Business, Enviroment, Geopolitics.
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productionSince 2008, U.S. petroleum production has increased 7 quadrillion Btu, with dramatic growth in Texas and North Dakota. Natural gas production has increased by 3 quadrillion Btu over the same period, with much of this growth coming from the eastern United States. Russia and Saudi Arabia each increased their combined hydrocarbon output by about 1 quadrillion Btu over the past five years. Note: Petroleum production includes crude oil, natural gas liquids, condensates, refinery processing gain, and other liquids, including biofuels. Barrels per day oil equivalent were calculated using a conversion factor of 1 barrel oil equivalent = 5.55 million British thermal units (Btu).

via U.S. expected to be largest producer of petroleum and natural gas hydrocarbons in 2013 – Today in Energy – U.S. Energy Information Administration (EIA).

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