In this Tuesday, March 6, 2012, file photo taken with a long exposure, a pumping unit sucks oil from the ground near Greensburg, Kan. (AP Photo/Charlie Riedel, File)

Oil Production: Is the United States the Next Saudi Arabia?

Much has been made in energy industry circles this past month of a report released by the Paris-based International Energy Agency that suggests the United States may soon overtake Saudi Arabia and Russia as the world’s premier oil-producing country. While U.S. oil production has increased of late, the fundamental fact remains that fossil fuel-based energy […]