U.S. oil production rises, but it's was still a record year for OPEC earnings

OPEC willl earn a record $1.05 trillion in net oil export revenues in 2012, the U.S. Energy Department says. On the bright side, U.S. oil production is set to reach a 20-year high in 2013.

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( Karen Bleier / AFP / Getty Images / November 13, 2012 )

OPEC willl earn a record $1.05 trillion in net oil export revenues in 2012, the U.S. Energy Department says. On the bright side, U.S. oil production is set to reach a 20-year high in 2013.

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