How does the U.S. rank globally in terms of oil production?
Note
The U.S. ranks 1st in global oil production.
The United States is the largest oil producer in the world, a position it has held in recent years due to technological advancements in oil extraction. Hydraulic fracturing (fracking) and horizontal drilling have unlocked vast shale oil reserves, especially in regions like the Permian Basin. This surge in production has allowed the U.S. to surpass traditional oil giants like Saudi Arabia and Russia. As the leading oil producer, the U.S. has not only reduced its dependence on foreign oil but also become a major energy exporter, reshaping global energy markets and increasing its geopolitical influence.