Anthony Kim gets in the swing as he races to front of the pack
The 26-year-old Californian picked up eight birdies in his bogey-free round which, after firing 69s in each of his first two rounds, moved him on to ten-under overall. Tour rookie Scott Stallings shot 66 to move into second place at nine-under.
Gary Woodland (67) and Webb Simpson (69) are two shots back.
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Hide AdSimpson was the second round co-leader with Brendon de Jonge but the Zimbabwean slipped down the field after a nightmare start to his third round. He double-bogeyed the par-four fifth and also dropped shots at the third and seventh holes shot, eventually shooting 72 to fall five strokes behind.
Kim's best round of the year left him with a chance to earn a spot in next week's Bridgestone Invitational with a win. His last win came a year ago at the Shell Houston Open before he underwent thumb surgery and took three months off.
Compatriot Jimmy Walker matched Kim's eight-under-par round to leave himself just three shots back.
England's Brian Davis, who put himself into contention in the second round with a best-of-the-day, six-under-par 64, also made a disappointing start to round three and was two over for the day after ten holes – three under par overall.
Davis has not yet won on the PGA Tour, though he came agonisingly close in last year's Heritage Classic when he called a two-stroke penalty on himself on the first hole of a play-off, handing the title to Jim Furyk.
n Meanwhile, unflappable Olin Browne fought off the heat to shoot a 65 and forge a two-shot lead over Mark O'Meara after yesterday's third round of the US Senior Open.
Browne, never a winner in his three years of competition since turning 50, set the tournament record for lowest score after 54 holes. After a record-tying 64 followed by a 69, he's at 15-under 198. O'Meara, winner of the 1998 Masters and Open, had a 66 in a head-to-head duel. Playing in the same pairing, he pulled level with Browne with a birdie at the ninth hole but Browne had five birdies on the tough back nine.
Six shots off the pace at nine-under are Jeff Sluman, Peter Senior, Joey Sindelar and Mark Calcavecchia.