Things are going so well, the United States has surpassed Saudi Arabia to become the world's largest oil producer. The milestone was reached in mid-October, when total crude-oil and biofuel production hit 8 million barrels a day -- an increase of 2 million barrels a day from 2011.
The industry is predicting that by the end of 2014, the U.S. oil industry will be producing 13 million barrels a day -- an amazing feat.
The industry is predicting that by the end of 2014, the U.S. oil industry will be producing 13 million barrels a day -- an amazing feat.
