IEA: US Net Oil Exporter by 2030; Will Pass Saudi by 2020

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A new report from the International Energy Agency expresses perhaps the most bullish “official” outlook on US energy production in recent memory.  The IEA projects US oil production to surpass Saudi Arabia’s by 2017, ultimately resulting with the US as a net exporter of oil by 2030. By around 2020, the United States is projected […]

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