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America is now the world's largest oil producer

CNNMONEY

Move over Russia and Saudi Arabia. America has reclaimed its throne atop the oil world.
For the first time since 1973, the United States is the world's largest producer of crude oil, according to preliminary estimates published on Wednesday by the Energy Department.
The feat demonstrates how the US shale oil boom has reshaped the global energy landscape. American oil output has more than doubled over the past dec ...

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