U.S. Redraws World Oil Map

Shale Boom Puts America on Track to Surpass Saudi Arabia in Production by 2020

A shale-oil boom will help the U.S. overtake Saudi Arabia as the world's largest oil producer by 2020, according to the International Energy Agency, a shift that could transform not just energy supplies but also U.S. politics and diplomacy.

The Paris-based agency, which advises industrialized nations on their energy policies, said the global energy map "is being redrawn by the resurgence in oil and gas production in the United States."

The assessment—a stark contrast from last year, when Russia and Saudi Arabia were seen vying for the top position—comes a week after the end of a presidential campaign in which ...

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