icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm
27 Mar, 2019 14:49

US oil production booming as global emissions reaching record high – RT's Boom Bust

US oil production booming as global emissions reaching record high – RT's Boom Bust

The US increased oil exports by more than 70 percent last year to over 2 million barrels per day (bpd). The average production was 3 million bpd over the last four weeks and is expected to hit 5 million bpd by the end of 2020.

Meanwhile, data from the International Energy Agency showed greenhouse gas emissions from energy production rose strongly again in 2018, hitting a record high.

Boom Bust talks to Bill Hederman of the Kleinman Center for Energy about the US’ push on fossil fuels despite global efforts to limit carbon emission.

For more stories on economy & finance visit RT's business section

Podcasts
0:00
27:21
0:00
26:13