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U.S. to Pass Russia in Liquid Fuels Production, Says IEA

Business News/Analysis, International
September 12, 2013
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by Benoit Faucon, Wayne Ma and Summer Said (The Wall Street Journal)  A top energy watchdog forecast the U.S. will bypass Russia in the production of liquid fuels—everything from crude and gasoline to biofuels like ethanol—solidifying America’s growing importance in global energy markets.
The International Energy Agency said Thursday the U.S. will bypass Russia in the production of all kinds of liquid fuels on average for the third quarter of this year. Russia would remain the world’s second largest crude producer behind Saudi Arabia, with the U.S. a close No. 3.  READ MORE

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ethanol/bioethanolfrackingInternational Energy Agency (IEA)
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