The Diplomat
From previously challenging the “tyranny of oil,” newly inaugurated U.S. President Barack Obama enters his second term in office as leader of a potential oil and gas superpower. According to BP’s Energy Outlook 2030, unconventional sources will make the United States virtually energy self-sufficient by 2030, largely thanks to the shale gas revolution.
“The U.S. will likely surpass Russia and Saudi Arabia in 2013 as the
largest liquids producer in the world (crude and biofuels) due to tight
oil and biofuels growth…. Russia will likely pass Saudi Arabia for the
second slot in 2013 and hold that until 2023. Saudi Arabia regains the
top oil producer slot by 2027,” the London-based oil and gas giant said.
“The U.S. will likely surpass Russia and Saudi Arabia in 2013 as the
largest liquids producer in the world (crude and biofuels) due to tight
oil and biofuels growth…. Russia will likely pass Saudi Arabia for the
second slot in 2013 and hold that until 2023. Saudi Arabia regains the
top oil producer slot by 2027,” the London-based oil and gas giant said.
