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Wednesday, March 21, 2012

As Soon As Next Year, America Could Become The World's Leading Energy Producer

As Soon As Next Year, America Could Become The World's Leading Energy Producer


Today's big report from Citi validates what energy bulls have been saying for years. America is becoming an energy superpower again, and this could be great for the economy. One particular chart from the 92-page report will knock your socks off.
US oil and gas production is projected to pass Saudi Arabia and Russia by the end of 2013.
After that US producers will take a big lead. Canadian and Mexican production is soaring too, which is why Citi calls North America the new Middle East.

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