2025 is just 6 years away. And producing more than Russia and SA combined would take some quite hefty increases. Not that I thought it would not be possible it’s a pretty high aim in any case. But let’s assume that the US fails to reach this target by only 2 MMBBL/d. It would still be in a league of its own plus North America would be autonomous in oi & gas. Plus, there would be enormous amounts of associataed gas coming where the oil came from which will have a transformative effect on the US economy too. We ain’t seen nothing yet it seems.
U.S. oil and gas production is expected to exceed the combined production from Russia and Saudi Arabia by 2025, according to research firm Rystad Energy.