Hydraulic Fracturing is Bankrupting OPEC
- 12/17/2014
- Alex Fitzsimmons
- Blog
The Energy Information Administration (EIA) is out with new numbers measuring the geopolitical impact of America’s domestic energy boom. As the following chart shows, revenues from net oil exports for the Organization of Petroleum Exporting Countries (OPEC) are expected to decline by 14 percent in 2014 and 46 percent next year compared to 2013 levels. […]