Expert: Continent of America will exceed Near East for oil production by 2020

Expert: Continent of America will exceed Near East for oil production by 2020
# 24 April 2013 10:32 (UTC +04:00)

According to him, as a result of “Shale Revolution” in the Northern America – sharply increase of shale oil and gas production, oil and gas productions are expected to increase during years coming.

Freinkman noted that in accordance with these processes, continent of America will exceed Near East countries for oil and gas production: “From 2013, the US will leave Saudi Arabia behind for oil production”.



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