Question: Who Is The Worlds Largest Producer Of Oil?…How About Natural Gas?

Posted By on July 4, 2014

Easy question….or is it?  We can’t imagine why the answer would be hard. It’s got to be Saudi Arabia, NOPE. How about Russia,  yep that sounds right! NOPE. Well, who else could it be? Hmm, just don’t know, how about Iran, NOPE. Umm, maybe China or Canada, NOPE, NOPE! One last chance…

The U.S. overtook Saudi Arabia and Russia and is now the world’s biggest producer of both oil and gas according to Bank of America Corp. U.S. production of crude oil, along with liquids separated from natural gas, surpassed all other countries this year with daily output exceeding 11 million barrels in the first quarter, the bank said in a report today. The country became the world’s largest natural gas producer in 2010. The International Energy Agency said in June that the U.S. was the biggest producer of both oil and natural gas liquids.

Sources: Wise Dog Research, Bank of America, International Energy Agency

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