Global leadership, US oil production is unstable, the expert believes

Oil production in the United States.

Мировое лидерство США по объему нефтедобычи неустойчиво, считает эксперт
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MOSCOW, 31 Oct — the US due to technical limitations, may lose its primacy in terms of the volume of oil production in the world, which they reached in August, ahead of Russia, so in the short term, this change of leadership will occur constantly, said the expert of the center of energy of the Moscow school of management SKOLKOVO Catherine Grushovenko.

According to the energy information administration of U.S. Department of energy (EIA), which were published earlier on Wednesday, and information of the Ministry of energy and statistics from the October report, OPEC, the United States in August, took first place in oil production in the world, producing on average 11,346 million barrels of oil per day ahead of this indicator, the Russian Federation (approximately 11,215 million barrels per day) and Saudi Arabia (10,404 million barrels), who took second and third places respectively.

“Given the infrastructure problems in the United States, lack of transport capacity and a lack of generating capacity to provide drilling, it is likely that in the short term we will see a constant change of leader. Since Russia has opportunities for growth, the United States,” commented Agency the news, Grushovenko.

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