Energy News

US will become the top oil producer

Tue, November 12, 2013 at 12:23 AM

The International Energy Agency (IEA) predicts that the United States will surpass Saudi Arabia to become the world's top oil producer in 2017, only to fall back behind the Middle East again by 2020, according to a Reuters report.

The IEA also made the following forecasts in its latest outlook:

Oil prices will continue to rise steadily in the foreseeable future.
The US will continue to lead in in tapping shale.
China will overtake the US as the largest oil consumer by 2030.

Click here to go to the Reuters' website for the full report.

Return

View Rates

Please select your state

As prominently illustrated in our logo, our mission is to be America’s Trusted Choice. That is, we earn our business by focusing on integrity and the relationship aspect with all of our customers, big and small. We will do everything in our power to make sure our customers are satisfied. Sign up now for one of our competitive rate plans and let us show you. You have the power of choice, and you are in control of the savings and services that you are entitled.

The Choice Energy Team

Our Company

Home Page

Who we are

Retail Supplier Licenses & Related Dockets

Affordable Energy

More Information

Frequently Asked Questions (FAQs)