US Set to Beat Out Saudi Arabia in Liquid Petroleum Production
United States liquid petroleum production is on the brink of beating Saudi Arabia’s production for the first time since 1991. The American energy renaissance is fueled by a number of advances including new recovery technologies such as horizontal drilling and hydraulic fracturing “fracking”. Fracking is commonly used for shale gas and oil recovery. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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