12.08.2013 - How America is protecting the world from steep oil price hikes
America's shale oil boom is protecting the world from steep oil price spikes as several OPEC members struggle to maintain production due to unrest and infrastructure problems, the International Energy Agency (IEA) said on Friday. The agency, adviser to developed economies on energy policy, said violence and maintenance was limiting oil production and exports from Iraq and Libya, and supplies to Europe, Asia and the United States faced further disruption...............................................Full Article: Source
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