Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil
Green Car Congress
SEPTEMBER 18, 2015
The world oil demand growth picture is discouraging despite an increase in US gasoline consumption (Figure 3). With Iran poised in early 2016 to add almost as much oil as the amount of the US production decline to date, the outlook for tight oil producers could not be worse. strong>Figure 3. World liquids demand growth.
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