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

| 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 […]

U.S. Oil And Gas Production Is Rising

| March 12, 2012

We’re on the right track….but have a long way to go. U.S. crude oil production came in at 5.6 million barrels a day for 2011 vs. 5.48 million barrels a day in 2010. It’s the highest U.S. oil production since 2003. And… The U.S. has been the world’s largest producer of natural gas since 2009, the report says. […]

B of A Expects Libya Oil Production To Shut Down Completely

| February 24, 2011

Oil production in Libya is expected to shut down completely and could be lost for a prolonged period of time, Bank of America Merrill Lynch said on Thursday. U.S. officials said current oil stockpiles were adequate to meet any supply disruptions.  So, can we believe them is the big question!

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