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The U.S. led the world last year in producing both oil and gas, federal government estimates published Monday show, even as the country committed to cutting greenhouse gas emissions.. The U.S. was Instead, it comes down to the country’s knowledge about where to find oil as well as the rules governing which countries can and cannot extract in certain parts of the world. China produces about 3,823,000 barrels of oil per day. Most of the oil that China produces is extracted from regions in the Middle Eastern country of Iran.

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