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How to Profit From Record US Oil Production
Since the 2008 recession US oil production has come roaring back. As 2013 opened the United States topped seven million barrels per day in production for the first time in nearly 20 years. This is largely thanks to developments in technologies like fracking as well as more pipelines distributing the energy resource around the nation. Experts now predict that the United States will top Saudi Arabia’s oil production by 2020. That would make the United States both the largest producer and consumer of this fossil fuel in the world. Surging Production The Energy Information Administration (EIA) expects crude oil ...
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