The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

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Tuesday, December 11, 2012

U.S. Oil Output to Overtake Saudi Arabia? | The Financialist

U.S. oil production hit an 18-year high in November, thanks to a shale oil drilling boom that has revitalized domestic production. In fact, the International Energy Agency recently predicted the U.S. could overtake Saudi Arabia as the world’s largest oil producer by around 2020 and become a net oil exporter by 2030. But in a recent interview, Credit Suisse Global Head of Energy Research Jan Stuart told The Financialist those predictions may be a bit premature. Here’s what he had to say:

via www.thefinancialist.com

http://rightcoast.typepad.com/rightcoast/2012/12/us-oil-output-to-overtake-saudi-arabia-the-financialist.html

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