#21 Apr 1, 2013
I was ahead of the mainstream by a year!
How the US oil, gas boom could shake up global order
In the longer term, observers say that the Organization of Petroleum Exporting Countries (OPEC) and many of its member nations are likely to be the biggest losers if the U.S. continues to cut oil imports, likely decreasing oil prices in the process.
"A dramatic expansion of U.S. production could … push global spare capacity to exceed 8 million barrels per day, at which point OPEC could lose price control and crude oil prices would drop, possibly sharply," the U.S. intelligence community's internal think tank, the National Intelligence Council, said in its “Global Trends 2030” report in December. "Such a drop would take a heavy toll on many energy producers who are increasingly dependent on relatively high energy prices to balance their budgets."
Add your comments below
|Diversity dialogue to continue in Brattleboro||Dec 4||Comrade Sanders||6|
|Grout Pond National Forest Area to Become Paid ...||Nov '17||Defiant1||3|
|Gentlewolf released on bail (Jun '07)||Oct '17||amen||3|
|Tellman Knudson (Jun '12)||Jul '17||Angela Hernandez||51|
|Did Anyone Get Kilt In Your Flood (Aug '11)||Jul '17||Redneck||7|
|What Does It Take To Get the Brattleboro Reform...||Jun '17||Kay||1|
|Review: Biologic Integrative Health - Samantha ... (Feb '10)||Jun '17||Amy||65|
Find what you want!
Search Brattleboro Forum Now
Copyright © 2017 Topix LLC