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A glut of US oil in six years
Posted: 24 December 2018

It seems that our #MindBullet of six years ago is in danger of becoming reality in the next six years. The International Energy Agency thinks US oil output by then will surpass that of Russia and Saudi combined! That is bound to shake up markets dramatically, particularly if oil consumption in the US also declines.

IEA Chief: U.S. Oil Output To Near Saudi+Russian Production By 2025 | OilPrice.com
24 December 2018
IEA director Fatih Birol has made quite a claim by saying that U.S. total oil production might near the combined production of Russia and Saudi Arabia by ...
MindBullet logo AMERICA THE OIL EXPORTER
Unconventional oil and gas alters the geopolitical balance
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