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Items Tagged with 'shale revolution'

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US overtakes Saudi Arabia, Russia as world's largest oil producer

July 9, 2014
According to a new report by Bank of America Corp., record output of oil from shale rock formations is fueling economic growth for the U.S.
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Middle East oil industry key for global growth, expert says

February 25, 2014
Part of the Western world is underestimating the importance of the Middle East as a result of the shale revolution in the United States but this may be too hasty a reaction.
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