Technology is driving America's oil boom

December 27, 2012 4:33 PM

Higher prices at the pump have led oil companies to invest in better technology, allowing them to get more oil out of the ground, raising oil production in the U.S. 25 percent since 2008. It is expected to jump another 30 percent by the end of this decade. Ben Tracy reports.

U.S. on new track to catch Saudis in oil production

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