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A New World Order for Oil?

By 2020, US will top Saudi Arabia as biggest producer.

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By: TOM BRANNA

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Windmills and solar panels be damned! Thanks to a shale oil boom, the US will overtake Saudi Arabia as the world’s largest oil producer by 2020, a radical shift that could profoundly transform not just the world’s energy supplies, but also its geopolitics, the International Energy Agency said Monday. In its closely watched annual World Energy Outlook, the IEA, which advises industrialized nations on their ene...

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