US Oil Production Gains in Contrast to Nigeria’s Government-Induced Stagnation

The United States of America’s spectacular oil production gains that have seen the country emerge as the world’s biggest oil producer is in sharp contrast to Nigeria’s government induced stagnation in its oil exploration and production sector. According to the Bank of America Corp, the USA will remain the world’s biggest oil producer this year after overtaking Saudi Arabia and Russia, as extraction of energy from shale rock formation surges