Shale Adds Up to Make US World’s Largest Oil

U.S. is the world’s largest producer of oil in 2013, according to data presented at PIRA Energy Group’s recent Retainer Client Seminar held in New York City recently. The U.S. has surged to be the world’s lead oil supplier because of growth in shale oil. Shale crude and condensate production at 2.5 MMB/D in 2013 is now slightly over one-third of total U.S. crude production, and shale NGL at 1.2 MMB/D is almost half of total Natural Gas Liquids (NGL’s).

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via Shale Adds Up to Make US World's Largest Oil.

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