Does this mean we have reached the goal set by every president since Carter?

U.S. passes Saudi Arabia in oil production.

“The U.S. passed Saudi Arabia as the world's largest petroleum producer in November 2012, according to recently released data of the federal Energy Information Administration.

“Over the last five years, domestic oil output has risen 40% and continually outpaces projections. Last year, domestic output increased by 800,000 barrels per day. This is the largest increase in annual production since the first oil well was drilled in 1859 in Pennsylvania.”

“Imports of foreign oil will fall from 60% in 2008 to likely 30% in 2013.”

http://news.investors.com/ibd-editorials-perspective/040513-650864-private-sector-boom-responsible-for-us-energy-surge.htm

(I trust oil companies as much as I trust Obama, so I am not holding my breath.)

Link at http://ace.mu.nu/