'In the U.S., the boom in oil and gas production has started to change the economy profoundly. Cheap fuel has seen manufacturing return to the U.S. as the country produced about 90 percent of the energy it consumed last year.'<blockquote>'The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s shale fields.
U.S. oil production rose to a record last year, gaining 1.6 million barrels a day, according to BP Plc’s Statistical Review of World Energy released on Wednesday. Gas output also climbed, putting America ahead of Russia as a producer of the hydrocarbons combined.
..
In the U.S., the boom in oil and gas production has started to change the economy profoundly. Cheap fuel has seen manufacturing return to the U.S. as the country produced about 90 percent of the energy it consumed last year.'
- Rakteem Katakey,
U.S. Ousts Russia as Top World Oil, Gas Producer in BP Data, June 10, 2015</blockquote>
Context<blockquote>
'..Allowing U.S. Crude Oil Exports.' - '..Canada and the US – could be global leaders in future [energy] supply developments..''..The renewable energy we buy meets or beats prices from the grid.''America must lead, but mainly by example .. Most importantly, invest the savings to build a secure, dynamic, and prosperous America that others want to emulate.'The Science of Human Action - Praxeology (The Logic of Human Action) - Die wirtschaftliche Energie (1893) (“Economic Energy”) - The Third Industrial Revolution has begun (6)</blockquote>