IEA: U.S. Will Become The World’s Top Oil Producer Within Five Years

Oil and gas boom puts US on track for energy independence. CNN

U.S. To Become World's Largest Oil Producer Before 2020, IEA Says -- L.A. Times

The U.S. will become the world’s top producer of oil within five years, a net exporter of the fuel around 2030 and nearly self-sufficient in energy by 2035, according to a new report from the International Energy Agency.

It’s a bold set of predictions for a nation that currently imports some 20% of its energy needs.

Recently, however, an “energy renaissance” in the U.S. has caused a boost in oil, shale gas and bio-energy production due to new technologies such as hydraulic fracturing, or fracking. Fuel efficiency has improved in the transportation sector. The clean energy industry has seen an influx of solar and wind efforts.

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More News On The IEA Report That The U.S. Will Become World's Largest Oil Producer Before 2020

U.S. to overtake Saudi as top oil producer - IEA -- Reuters
U.S. Oil Output to Overtake Saudi Arabia’s by 2020 -- Bloomberg
IEA Pegs U.S. as Top Oil Producer by 2020 -- Wall Street Journal
US to overtake Saudi Arabia as world’s largest oil producer by around 2020, IEA says -- Washington Post/AP
Energy Report: US Could by 2017 Be World’s Biggest Oil Producer -- Voice of America
U.S. to become biggest oil producer - IEA -- CNN
IEA sees North American energy leadership -- UPI
Natural Gas to Be Most-Used Fuel in U.S. by 2030, IEA Says -- Bloomberg Businessweek

My Comment: If this is true .... there is then hope for this.