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US To Overtake Saudi Arabia In Oil As China’s Water Runs Dry
It is official. The US will overtake Saudi Arabia to become the world’s top oil producer by 2017. The International Energy Agency (IEA) said in its world outlook for 2012 this morning that the US will...
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Energy To Spare
UNTIL the late 1950s America produced all the coal, oil and natural gas that its citizens could burn. But as they grew rich and bought cars as big as whales, America began to suck in fuel from beyond...
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Should America Be Happy That China Is Now The Biggest Oil Importer?
It is a shift as momentous as the U.S. eclipse of Britain’s Royal Navy or the American economy’s surpassing of the British economy in the late 19th century. According to preliminary figures reported...
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Can Saudi Arabia Outlive North America’s New Energy Boom?
Current trends in the global energy market don’t look good for Saudi Arabia. First, the International Energy Agency projected in November 2012 that the United States will surpass the Gulf petrogiant as...
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