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Europe's Leaders Prepare Ground For Return To Energy Realism

Shale Boom Sends U.S. Crude Supply To Highest Since 1930s


Britain's Energy Minister Michael Fallon says today is the kick off in the development of shale gas in the UK -- Department for Energy & Climate Change, 24 April 2014 The U.S. is stockpiling the most crude since the Great Depression, thanks to the shale boom that has boosted production to the most in 26 years. Inventories rose 3.52 million barrels last week to 397.7 million, the highest level since 1931, according to Energy Information Administration data going back to 1920. --Mark Shenk, Bloomberg, 23 April 2014
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