America Tops World Gas Producer Rankings
Almost by stealth, the good old US of A has become the world’s top producer of natural gas replacing Russia. According to a report by Kevin Logan of HSBC, this occurred in 2011, an event therefore missed by most of us. In the same article, Logan is predicting that by 2020, the US should become a net exporter of gas and perhaps even oil. This data came from the US Energy Information Agency which was then followed by last month’s announcement that China has now become the holder of the perhaps unwelcome status of world’s largest oil importer.






