The United States will vault past Russia this year to clearly become the world’s top producer of oil and natural gas combined, according to a new federal estimate.
An Energy Information Administration (EIA) report Friday notes that apples-to-apples comparisons between nations’ data are “not always easy,” and that the U.S. and Russia were “roughly equivalent” in 2011 and 2012.
But 2013 is a different story.
U.S. production is surging while Russian output dips after several years of gains, according to the brief report.