By Institute for Energy Research —— Bio and Archives--March 13, 2018
Global Warming-Energy-Environment | Comments | Back To Full Article
According to the International Energy Agency (IEA), when accounting for most of the global growth in petroleum supplies, the United States is expected to overtake Russia to become the world’s largest oil producer by 2023. Other forecasters are also expecting that outcome including the Energy Information Administration, Exxon Mobil, and BP. U.S. crude oil production is expected to reach a record of 12.1 million barrels a day in 2023, up 2.8 million barrels a day from current levels due to technological advances, improved efficiency, and an oil price recovery that has shale oil companies ramping up their drilling. American oil production would then surpass Russian oil production, currently the world’s largest crude producer at about 11 million barrels a day.The Comment section of online publications is the new front in the ongoing Cancel Culture Battle.
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