Mon, Dec 22, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Energy, Oil, Research, Trends more

New global energy picture

Posted on 28 November 2012

A new report hails a crucial shift in the global economy. If current trends continue, the United States will surpass Saudi Arabia as the world’s largest oil producer by 2020. This development will not only transform the world’s energy picture, but geopolitics as well.
A new energy landscape has powerful implications for global political and economic power. The International Energy Agency (IEA), the top advisory body for the developed economies, notes in its authoritative annual report, “World Energy Outlook,” that changing U.S. production and consumption patterns will redraw the global energy map. A surge in U.S. production means that “by around 2020, the United States is projected to become the largest global oil producer.”……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031