Can the U.S. overtake Saudi as No. 1 Oil producer?

Hydraulic fracturing America's oil shales ”could open the way for the U.S. to overtake Saudi Arabia as the world's number one oil producer," according to Platts' annual report. The U.S. Energy Information Administration predicts U. S. shale oil production will hit 9.6 million barrels per day by 2019. Inclusion of biofuel production could make U.S. liquid fuels production greater than that of Saudi Arabia and Russia.