New information from the IEA suggests that the United States could become the world's top oil producer by 2020, eclipsing all other energy producing nations including Saudi Arabia. However, John Hofmeister, Citizens for Affordable Energy Founder & CEO says the EPA could unintentionally pull the plug.
New reports from the IEA say the U.S. could overtake Saudi Arabia as the world's largest oil producer in 2020, with John Hofmeister, Citizens for Affordable energy CEO; and discussing regulatory costs and Obama's "regulatory cliff," with Diana Furchtgott-Roth, author of "Regulating the Disaster," and Robert Lapsley, California Business Roundtable president.