Fracking has tremendously boosted U.S. oil production, the federal goverrnment reports.



The American Interest's blog The Feed calls the latest figures a milestone for America.



The Feed: "Americaís suddenly bright energy future has been well-publicized, but did you know that the US is now producing more than 10 percent of the global supply of oil? Thatís a remarkable milestone, made all the more so by the rapid pace at which it was reached. The key driver behind this renaissance: fracking, which has released so-called 'tight oil' trapped in rock such as shale. In fact, as the EIA reports, more than 40 percent of American crude production in the fourth quarter of 2013 ...



Read the whole thing here.