EIA: Tight Oil Stabilizes Brent Crude Prices
Thursday, September 4, 2014
Posted by: Alisa Allen
World events that threatened global oil production and distribution are scarcely having an effect on oil prices in the United States. The current period of stability, which contrasts with historic spikes that occurred during periods of strife in other regions, is due largely to the shale revolution, according to the Energy Information Administration (EIA) in a recent report. https://www.rigzone.com/news/oil_gas/a/134780/EIA_Tight_Oil_Stabilizes_Brent_Crude_Prices
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