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U.S. Extends Lead as World’s Top Hydrocarbon Producer

U.S. output of natural gas and petroleum increased by 10 percent in 2014, extending its lead as the world’s biggest hydrocarbon producer.

The U.S. produced 54.6 quadrillion British thermal units worth of liquid and gas energy in 2014, up from 49.8 quadrillion in 2013, according to an Energy Information Administration report published Tuesday. Russia produced 43 quadrillion Btu, Saudi Arabia 27.5 quadrillion.