1. For how many years is the U.S. now likely to be a net energy exporter?

2. What caused this milestone?

3. Which two huge oil producers did the U.S. surpass in terms of monthly oil production last year?

4. Why won’t this milestone allow the U.S. energy independence yet?

5. Over the years, there have been various warnings about the U.S. running out of oil. The oil companies simply found new oil reserves, and new technologies to get it out of the ground. How long do you think it will take the oil refining sector to produce lighter crudes?