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The United States is not one of the top 510 richest countries , notes Business Insider. However, several large oil companies are headquartered here. Oil plays an important role in the economy of some of the richest countries, and oil is big in the U.S. as well. Take a look at the top 10 oil companies

Texas has the geographic advantage of the Permian Basin with oil fields. The number of oil rigs is multiplying and new pipelines are being built because of the oil boom in Texas. About 20 percent of the nation’s total oil production comes from Texas, according to The Business Journal.

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