03/29/2014 03:34 pm ET Updated Mar 29, 2014

Fracking Boosts U.S. Oil To 10 Percent Of Global Supply

The U.S. now contributes more than 10 percent of the total global crude oil supply as of the end of 2013, a result of the advances in hydraulic fracturing and drilling technology that are driving the oil and gas boom in Texas, North Dakota and other Western states, new U.S. Energy Information Administration data show.

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