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America's oil boom will break more records this year. OPEC is stuck in retreat

The epic American oil boom is just getting started. OPEC, on the other hand, is stuck on the sidelines. US oil production is on track to spike to a record 13.4 million barrels per day by the end of 2019, according to a recent report by energy research firm Rystad Energy. Texas alone is expected to soon top 5 million barrels per day in oil production — more than any OPEC member other than Saudi Arabia. Not surprisingly, America is importing less from OPEC — 1.5 million barrels per day as of March ...
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Added June 10, 2019
from CNN