A Short And Sweet Update On Oil
March 24, 2015 at 15:37 PM EDT
The U.S. crude oil output is growing now because of the ‘shale boom’, but predictions can be found that this U.S. growth will cease about 2019, with total crude output about 12 mb/d. U.S. imports at that time are estimated to have declined to about 3-4 mb/d – which may or may not be true.