What OPEC thinks about the U.S. oil boom

What OPEC thinks about the U.S. oil boom / Michael Levi, Energy, Security, and Climate, 16/11/2012

http://blogs.cfr.org/levi/2012/11/16/what-opec-thinks-about-the-u-s-oil-boom/

I wrote on Wednesday that the big headlines predicting a massive U.S. oil boom rested in substantial part on an underlying assumption that OPEC countries would restrain production in order to keep crude prices from crashing. It turns out that I was beaten to the punch…


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