Wednesday, 15 May 2013

Oil demand in developing nations overtakes industrialised world US, presaging a revolution in oil to mirror that in gas production

Shale oil has rapidly boosted oil production in the US, presaging a revolution in oil to mirror that in gas production
A shale oil drilling rig in the Patagonian province of Neuquen. Photograph: Enrique Marcarian/Reuters

Developing countries have overtaken the industrialised world for the first...Oil demand in developing nations overtakes industrialised world US, presaging a revolution in oil to mirror that in gas production

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