Forbes | US Oil Producers Projected To Eat OPEC's Lunch Forbes Oil production in the Permian Basin is soaring, and was forecast this week by the International Energy Agency to double by 2023. Photographer: Brittany Sowacke/Bloomberg. Recently the Energy Information Administration (EIA), the International Energy ... Opec says hedge funds lack 'basic understanding' of oil IEA Predicts Nightmare Scenario For OPEC Oil swings lower with US supply expected to climb a second-straight week |