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US Produces More Oil Than Saudi Arabia

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The United States surpassed both Saudi Arabia and Russia early last year and is now the world’s largest and fastest-growing producer of oil.

U.S. oil production soared due to the increased use of hydraulic fracturing, or fracking, and horizontal drilling. In 2007, America imported about 60 percent of its oil, but by 2014, the U.S. only imported 27 percent of its oil — that’s the lowest level since 1985, according to government data.

http://houstonenergyinsider.com/?p=4873

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