U.S. could soon top Saudi Arabia in oil production

11/11/2012 | Examiner (Washington, D.C.), The

The U.S. could become the largest oil producer in the world due to the shale oil and natural gas drilling boom, writes Keith Mauck, publisher of GoMarcellusShale.com. According to IHS CERA, nearly 1.8 million jobs in the U.S. are supported by the shale drilling boom, and it is expected to generate 1.3 million jobs more by 2020. However, unsupported claims about the negative effects of hydraulic fracturing, along with duplicative drilling regulations, could jeopardize the country's push for energy security, Mauck writes.

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Examiner (Washington, D.C.), The

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