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U.S. to Pass Saudi Arabia in Energy Production

The latest report of the International Energy Association, said the United States will become the world's largest oil producer, in 2017, beyond the current leaders of Saudi Arabia and Russia. The energy policy of the United States George · W · Bush administration initiated and implemented by U.S. President Barack Obama proposed the United States toward energy independence, away from the energy of the Middle East. Since 2008, U.S. oil production, the rapid growth of oil imports, the lowest level in two decades.

"North America is a radical change, which will affect the forefront of the oil and natural gas production in all regions of the world, but the potential is there to the same change in the transformation of the global energy efficiency, said:" International Energy Agency (IEA) Executive Director Marianne von De Hoeven in a statement.

The International Energy Agency also said that the U.S. might become energy self-sufficient and a net exporter of natural gas, from 2035 to 2020. Obama administration to promote, develop and grow the capacity of the domestic natural gas, leading to a natural gas drilling boom. In four years, production has increased by 15%, but the excess supply of natural gas, and also led to a sharp decline of natural gas prices. According to the White House, the U.S. has a 100-year supply of natural gas and domestic production. The "the daily GMT Aaron tasks and Henry Blodget two sides agreed in domestic energy production, the explosion might change the geopolitical situation and the labor market in the United States.

"The foreign policy impact is even greater than the economy, said:" the task.

50 years or longer, we have been just addictive connected to a region of the world where so many people hate us, "Blodget increase.

Petroleum and petroleum imports fell by an average of more than 1.5 million barrels per day of domestic crude oil production growth since 2008, an average of more than 72 million barrels a day. Expand domestic drilling, oil and gas producing operations. According to the United States Federal Reserve Bank of St. Louis, employment growth in these industries rose by 25% since January 2010.



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