The latest oil boom - how to change the world Bashny.Net

1Знаете do you a lot of rich oil countries? Which ones come to mind? Most likely it such as Saudi Arabia, Russia and Iran. Many may be surprised to learn that the United States is producing oil at the highest level for 20 years. According to the energy information Administration, the U.S. produces over 7 million barrels of oil per day. In just one year, there was a jump from 6.4 million Increase in oil production was expected, but an increase of this size in such a small amount of time is actually very amazing.

What is more surprising is that the International energy Agency predicts that the United States could become the world's largest oil producing nation by 2020, surpassing Saudi Arabia and Russia.

In fact, China recently became the largest net in the world importer of oil. Net imports of crude oil, as a rule, klassificeret as oil and petroleum products. EIA showed that U.S. net oil imports dropped to 5.98 m barrels a day in December, reaching the lowest level since February 1992. At the same time, Chinese net oil imports rose to 6.12 m barrels a day.

As in any large enterprise, the number of variables will have an impact on the future production of oil in the United States. Protesters of hydraulic fracturing are also concerned about groundwater contamination, while many politicians say that's nothing to worry about.

One of the main questions asked: "How will this increase in domestic oil production to influence the price of gasoline?" Since oil prices are determined on the world market, the United States would not automatically lower the price of a barrel of crude oil. "It will be an interesting interaction between the increase in mass in the USA and increasing global demand. We'll see how things play over the next few years in terms of oil prices, " Perry said. Do you know a lot of rich oil countries? Which ones come to mind? Most likely it such as Saudi Arabia, Russia and Iran. Many may be surprised to learn that the United States is producing oil at the highest level for 20 years. According to the energy information Administration, the U.S. produces over 7 million barrels of oil per day. In just one year, there was a jump from 6.4 million Increase in oil production was expected, but an increase of this size in such a small amount of time is actually very amazing.

What is more surprising is that the International energy Agency predicts that the United States could become the world's largest oil producing nation by 2020, surpassing Saudi Arabia and Russia.

In fact, China recently became the largest net in the world importer of oil. Net imports of crude oil, as a rule, klassificeret as oil and petroleum products. EIA showed that U.S. net oil imports dropped to 5.98 m barrels a day in December, reaching the lowest level since February 1992. At the same time, Chinese net oil imports rose to 6.12 m barrels a day.

As in any large enterprise, the number of variables will have an impact on the future production of oil in the United States. Protesters of hydraulic fracturing are also concerned about groundwater contamination, while many politicians say that's nothing to worry about.

One of the main questions asked: "How will this increase in domestic oil production to influence the price of gasoline?" Since oil prices are determined on the world market, the United States would not automatically lower the price of a barrel of crude oil. "It will be an interesting interaction between the increase in mass in the USA and increasing global demand. We'll see how things play over the next few years in terms of oil prices, " Perry said.

Source: alter-energetics.com/