OPEC
 
Will OPEC Or The US Be The World’s Marginal Crude Supplier?
 
By - Sarah A. Emerson*
 
There is a major gap between the reference and high resource case projections of US crude oil production contained in the US Energy Information Administration’s (EIA’s) 2013 Annual Energy Outlook. This gap is indicative of the uncertainty surrounding the “tight oil boom” enabled by the application of horizontal drilling and hydraulic fracturing in...