OPEC Reacts to US Shale Oil Boom with New Strategy

OPEC Reacts to US Shale Oil Boom with New Strategy

from The Energy Collective - The world's best thinkers on energy & climate by AMJaffe

Signs are emerging that key Persian Gulf members of OPEC are adjusting their strategies to cope with the growing threat that North American shale oil is making to their long-term dominance in global energy markets.http://theenergycollective.com/amjaffe/209501/opec-starts-react-us-shale-boom-new-strategy?utm_source=feedburner&utm_medium=feed&utm_campaign=The+Energy+Collective+%28all+posts%29&utm_content=Google+Reader