Fueled by the shale boom and a ravenous domestic appetite, the US became the world's top oil producer in 2018 and reached record output of 13.6 million barrels per day in 2025, representing a monster 14 % of global supply. North America is now the planet's largest oil-producing region, accounting for nearly 30% of the grand total, just in front of the Middle East.

Unlike OPEC, the US doesn't coordinate production with other countries. Still, America's tremendous output, technological edge, and geopolitical clout give the nation enormous influence over global markets and prices, reinforced by the dominance of the US dollar in oil trading.

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The 13 powerful nations that dominate the global oil supply