US on verge of producing all the oil, gas it needs:
Surging oil and natural gas production in the United States and Canada is just shy of being enough to fulfill the region’s demand, a remarkable shift from the days of massive imports from the Middle East, according to an international energy report.
The latest Global Production Report from the International Association of Oil & Gas Producers said that North America is producing 83 percent of the oil it needs even at a time when all markets are experiencing greater demand.
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