Bloomberg | Grant Smith
According to the IEA, American energy will continue to dominate through 2020.
The U.S. will dominate global oil markets for years to come, satisfying 80 percent of global demand growth to 2020 as the shale boom keeps OPEC under pressure, the International Energy Agency said. “The U.S. is set to put its stamp on global oil markets for the next five years,” IEA Executive Director Fatih Birol said in a report published Monday. OPEC’s surging rivals, which also include Brazil and Canada, will leave little space for the cartel to expand even after its production curbs expire this year.
- EIA: US total shale regions oil production for July seen up 141,000 bpd June 18, 2018
- Texas oil port to raise $300 million for work to handle U.S. shale export boom June 15, 2018
- How America’s shale plays are turning the U.S. into a global exporting power June 6, 2018
- Oil rig count ticks up slightly in Texas, nation June 1, 2018
- Demand signals pull oil prices higher May 31, 2018
Sanchez Energy News
- Shale Drillers To Torment OPEC Into Next Decade November 8, 2017
- Sanchez Energy: A Big Bet On Making American Oil Great Again January 25, 2017
- Sanchez Energy Announces Fourth Quarter and Full Year 2016 Operating Results; Additional 110,000 Acres Leased in the Western Eagle Ford January 23, 2017
- Sanchez Energy Announces 2017 Analyst Day January 17, 2017
- Sanchez Energy Announces Conference Call to Discuss Recently Announced $2.3 Billion Eagle Ford Transaction January 12, 2017