Huge boost in U.S. oil output set to transform global market
15.05.2013
By Scott Neuman
IEA chief Maria van der Hoeven, seen in a 2011 photo, said that North American production has set off a "supply shock that is sending ripples throughout the world."
U.S. oil production is rising sharply and increased output from shale will be a "game changer" in global energy markets...