Meagan - Researcher
Posted May 16, 2013
This week, the International Energy Agency (IEA) released a report stating that North American shale and oil sands development is “reaching all recesses of the global oil market” and, most importantly, displacing OPEC supplies. As the report continuously echoes, North America is altering the entire global energy equation and enabling the United States’ highest level of energy security in two decades, all while boosting our economy, creating jobs, and providing a resurgence in domestic manufacturing.
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Tags: Bloomberg, Energy In Depth, Energy Security, global oil supplies, Hydraulic fracturing, IEA, international energy agency, natural gas, non-OPEC, North American supply, oil, Oil Sands, OPEC, shale, Shockwaves