Source: CBC News, November 14, 2017
U.S. projected to become net oil exporter thanks to gains from shale oil output
Global oil demand is expected to keep rising over the next two decades, albeit at a steadily decreasing pace, according to a new report released Tuesday by the International Energy Agency.
“It is far too early to write the obituary of oil, as growth for trucks, aviation, petrochemicals, shipping and aviation keep pushing demand higher,” said Fatih Birol, executive director of the Paris-based IEA.
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