Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Wednesday, February 22, 2017

US Oil Production Putting Pressure on OPEC



US Oil Production Putting Pressure on OPEC

By By Michael McDonald,   /  Tuesday, February 21, 2017 9:19 AM
Source: http://www.eia.gov/beta/international/regions-topics.cfm?RegionTopicID=OPEC
Danielle Izzo, Breaking Energy Staff For the past two years oil prices have suffered because of excess supply.  To respond to this slump, OPEC, in conjunction with other oil producing countries, came to an agreement that would ensure a reduction in the production of crude oil.  As of January 2017, the agreement has gone into

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