Wow. Hard to believe, isn't it? )See the EIA website for the original data.) Since 2008 U.S. petroleum production has increased 7 quadrillion BTU due to fracking in Texas and North Dakota. In addition, natural gas production in the eastern U.S. has produced and additional 3 quadrillion BTU.
Due to the new fracking technology - being able to drill vertically two miles and then horizontally for another couple of miles, the U.S. has leaped in hydrocarbon production. In contrast, Saudi Arabia and Russia have only increased output by 1 quadrillion BTU in the past 5 years.
Mmm. Can we drop ethanol now?