The US shale oil boom will enable the US to overtake Saudi Arabia as the world's largest oil producer by 2020, a radical shift that could profoundly change not just the world's energy supplies, but also its geopolitics, the International Energy Agency, the energy watchdog for 28 industrialised countries including Ireland, said Monday.
Shale oil boom will enable US to overtake Saudi Arabia as the world's largest oil producer by 2020