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

DailyTicker

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.