Report Sees U.S. as Top Oil Producer, Overtaking Saudi Arabia, in 5 Years - NYTimes.com
The United States will overtake Saudi Arabia as the world’s leading oil producer by about 2017 and will become a net oil exporter by 2030, the International Energy Agency said Monday.March 2012: Obama Weekly Address: "We Can't Just Drill Our Way To Lower Gas Prices" | RealClearPolitics
...you and I both know that with only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices – not when consume 20 percent of the world’s oil.
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