U.S. soon to leapfrog Saudis, Russia as top oil producer

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U.S. soon to leapfrog Saudis, Russia as top oil producer
U.S. soon to leapfrog Saudis, Russia as top oil producer

By DAVID KOENIGThe U.S. is on pace to leapfrog both Saudi Arabia and Russia and reclaim the title of the world�s biggest oil producer for the first time since 1974. The latest forecast from the U.S. Energy Information Administration predicts that U.S. output will grow next year to 11.8 million barrels a day. "If the forecast holds, that would make the U.S. the world�s leading producer of crude," says Linda Capuano, who heads the agency, a part of the Energy Department. MORE: Go here for more Bus...

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