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OPEC should still be worried about American energy

Posted on 07 November 2013

Why can’t OPEC get a good night’s sleep? Because North America is experiencing an energy revolution that can’t be slowed. The cartel:
For decades OPEC has been able to control global energy markets by manipulating production levels to keep prices elevated. During the 1970’s, OPEC was able to choke off America’s oil supply and slow down our economy. Now states like North Dakota, Texas, and others are trying to put an end to America’s dependence on OPEC………………………………………..Full Article: Source


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VRS - who has written 36130 posts on Opalesque Commodities Briefing.


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