Bloomberg | America Can Spin the Oil World on Its Axis Bloomberg For OPEC, Russia and others that have lived off oil (and little else) for decades, the worst-case scenario is about to become the present-tense scenario. America has discovered the magic beanstalk, and it is named “shale oil production.” The U.S. now ... Oil slips as data points to fast-growing supply US shale resurgence will boost global oil supply, says IEA Here's why oil prices could drop to $30 a barrel again: Fesharaki |