The oil industry says the shale revolution is a bridge, one that will carry America to a future of 100% renewable energy. But fracking has significant negative environmental effects, and opponents say it actually increases US dependence on oil, further slowing the fight against global warming.
Shale production
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Oil
US briefly overtakes Saudi Arabia as world’s biggest oil exporter
Saudis reclaim the top exporter’s spot in July and August as hurricanes disrupted US production – IEA
Khalid Al Falih
Revealed: the challenge facing OPEC in 2020 and beyond
OPEC estimates that it is producing about 560,000 barrels a day more than will be needed next year
Amin Nasser
Why Saudi Aramco sees shale gas as next energy bonanza
World’s biggest oil exporter is ramping up efforts to develop natural gas with plans for a 15-fold boost in output
crude oil
Video: The difference between sweet and sour crude oil
No all oil is created equal. There is a surprising difference in price between the US and Dubai benchmarks of oil.
largest oil exporter
Middle East looking toward shale oil in the future, says UAE Energy Minister
UAE Energy Minister Suhail Al Mazrouei says that oil-producing countries in the region should work with shale producers as partners
crude oil
OPEC to be squeezed by US shale until mid-2020s, IEA says
By 2024, the Organization of Petroleum Exporting Countries’ capacity to pump crude will actually shrink because of declines in Iran and Venezuela
gasoline
US set to overtake Saudi Arabia as the world’s biggest energy exporter
The rise in the shale production will see the US topple the kingdom for the first time since the 1950s
ADNOC
Bringing the shale revolution to the Middle East
Ahmed Kenawi, senior vice president of the MENA region for oil services giant Halliburton, shares the company’s plans to bring the shale revolution to the Middle East and the technology that will make that happen
Geopolitical
China trade war, US shale among 2019 concerns for UAE energy minister
Suhail Al Mazrouei said OPEC listens to the US market, not President Trump, when it comes to oil supply