By MICHAEL BASTASCH | Energy Editor . The U.S. surpassed Saudi Arabia to become the world’s largest producer of crude oil, according to preliminary estimates from the U.S. Energy Information Administration (EIA). “U.S. crude oil production exceeded that of Saudi Arabia for the first time in more than two decades,” EIA reported Wednesday. “In June and August, … Continue reading US Surpasses Saudi Arabia as the World’s Top Oil Producer