HaitiLibre Quiz

Oil 1.1 EXPERT

Difficulty Level: N1 Normal
Oil remains the lifeblood of the global economy, fueling not only our transportation but also providing the basis of the chemical industry. From the geopolitics of producing countries to innovations in refining, understanding this “black gold” is essential to understanding the major energy, environmental and societal challenges of our century.
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Which country is currently the world's largest producer of crude oil (including natural gas liquids) ?

67% of players answered correctly.

THE CORRECT ANSWER: United States

Since the shale oil revolution that began in the 2010s, the United States has radically transformed the global energy landscape. Using horizontal drilling and hydraulic fracturing techniques, they have overtaken the traditional giants Saudi Arabia and Russia. This rise in power has allowed the country to achieve near energy self-sufficiency, reducing its historical dependence on the Middle East. However, this massive production raises intense environmental debates, particularly on water management and methane emissions.Although Saudi Arabia retains the largest reserve capacities to influence prices via OPEC, the daily volume extracted on American soil remains unmatched to this day.This domination is redefining global trade flows, transforming a former net importer into a major strategic exporter on international markets, lastingly influencing crude oil prices.