How the Shale Revolution Has Reduced Geopolitical and Price Risk

Shale Revolution Changes Everything

By Guest Column Dr. Benny Peiser—— Bio and Archives--January 19, 2016

Global Warming-Energy-Environment | Comments | Back To Full Article

OPEC was on the verge of claiming victory over its North American rivals last night after its strategy of squeezing out the shale industry by flooding the markets with oil appeared to be vindicated. The oil producers’ cartel said that falling prices would force lower production from its rivals by the end of this year, with American and Canadian producers particularly affected. --Marcus Leroux, The Times, 19 January 2016

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