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United States becomes world’s largest producer of oil in 2013

Wednesday, October 16th 2013 - 20:45 UTC
Full article 9 comments

With the help from shale oil, the United States is the world's largest producer of oil in 2013, according to data presented at PIRA Energy Group's recent Retainer Client Seminar held in New York City. Read full article

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  • Anglotino

    Great news. Especially considering it means the odious regimes in countries such as Russia, Saudi Arabia and Venezuela take another step down the ladder of importance.

    Oct 16th, 2013 - 09:46 pm - Link - Report abuse 0
  • Gonzo22

    Iraq, Afghanistan, Lybia, oh my, being a Unitedstatian is such a thrill!

    @1 Saudi Arabia is an ally of the USA. How dare you call an ally of the US an odious regime? Remember who you are, Anglolatino.

    Oct 16th, 2013 - 10:28 pm - Link - Report abuse 0
  • Be serious

    Don't consider the Saudi regime odious and Russia has come a long way from a long way back. Agree about Venezuela but change there is on the way.

    Oct 17th, 2013 - 04:04 am - Link - Report abuse 0
  • bushpilot

    There are a lot of people in the world who want to become “Unitedstatians”. There are lots of Argentines who would rather be American than Argentine.

    Are there lots of Chilenos who think it would be “such a thrill” to be Argentine instead?

    What about Argentina might make a person “not thrilled” to become a citizen of Argentina?

    Oct 17th, 2013 - 04:05 am - Link - Report abuse 0
  • Captain Poppy

    Now that China just became the worlds largest importer of oil and the USA the largest producer of oil.......mmmmmmm. Interesting scenario.

    http://en.mercopress.com/2013/10/13/china-becomes-world-biggest-net-importer-of-oil-displacing-the-us#comments

    Oct 17th, 2013 - 02:23 pm - Link - Report abuse 0
  • ChrisR

    @5 Captain Poppy

    China will be able to buy the oil with dollars your country paid them for the crap they supplied the US by the multi-containership load.

    The USA has quite rightly been complaining about an imbalance in the trade with China, this should do something to correct that.

    Now for the States to get China to respect patents! Don't hold your breath on that one.

    Oct 17th, 2013 - 07:31 pm - Link - Report abuse 0
  • Captain Poppy

    Crap they supplied us? Whats with a little poison in baby formula, lead in children's toys, tainted milk products, contaminated food amongst buddies.

    One would have thought that we might and should supply out own country and sever ties with the middle east and let them do themselves in. We sell our souls for black gold.

    Oct 17th, 2013 - 08:27 pm - Link - Report abuse 0
  • JoseAngeldeMonterrey

    The traditional big oil producers and in a catch-22 paradox: Shale Gas and Oil production from the US is rising ever more because oil prices are too high allowing the americans to pump oil out of rocks to have access to cheaper oil, they could kill that industry if only they´d increase production and allow oil prices to drop to less than 70 USD, where shale oil producers costs will squeeze their operations, but if they do that they will in turn lose billions of USD revenues themselves, but none in the OPEC will take the first step in that direction. The OPEC has finally met its nemesis.

    Oct 18th, 2013 - 12:51 am - Link - Report abuse 0
  • Captain Poppy

    Everything you said is true. They will have to collude to increase production so that no one company takes a pinch themselves. No one trusts the other. Either way it is unlikely to happen and USA shale pumps along. 2014 will be an even bigger production year.

    Oct 18th, 2013 - 09:20 am - Link - Report abuse 0

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