Monday 16 September 2013

US to Surpass Russia in Liquid Fuel Production – Report | Business | RIA Novosti

US to Surpass Russia in Liquid Fuel Production – Report | Business | RIA Novosti:

"The United States will overtake Russia in liquid fuel production this quarter, strengthening a US return to prominence as a global fuel powerhouse after years of decline, US media reported this week, citing an energy industry report.
Russia currently produces more liquid oil and gas, pumping out 10.81 million barrels per day (bpd) versus America’s 10.28 million bpd this quarter, Reuters said, citing the monthly Oil Market Report from the Paris-based International Energy Agency.
But when US production of biofuels like ethanol and biodiesel are taken into account then the US total is forecast to reach 11.2 million bpd this quarter, it added."

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