U.S. Oil Production to Shock Global Energy Markets: IEA Report


The boom in North American energy (primarily related to shale in the US and oil sands in Canada) is one of the biggest stories in the global economy. A new report from The International Energy Agency (IEA) agency discusses the consequences of the boom in dramatic fashion, arguing that it's as big of a deal for the world oil market as the rise of China was over the last 15 years.