The Times They Are A Changing

How the US oil, gas boom could shake up global order - Open Channel With out much fan fair, what so ever China passed the U.S.A. in oil production. cheaper oil and gas are looming in our future. The oil strangle hold that Organization of Petroleum Exporting Countries (OPEC) has had on us will soon be a thing of the past. Citi GPS: Global Perspectives & Solutions February 2013 © 2013 Citigroup reads..... "The impact of this extraordinary production growth is becoming increasingly apparent and even if the growth rate.... subsides in the years ahead, the mushrooming effects of this growth will have dramatic impacts. A half-decade from now, combined US and Canadian oil output could be in.... surplus of projected needs. And over the next five years, demand for natural gas in the US should catch up with supply, opening up unexpected opportunities in transportation and igniting a re- industrialization of the country."