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Will U.S. Shale Oil Boom Affect Global Markets?

The boom in shale oil production in the United States isn't expected to have much impact on global markets.

That's partly because demand among developing countries is expected to increase dramatically.

At the same time, the U.S. continues to move toward energy independence – and OPEC countries assume that by 2050 they won't sell a single barrel of oil to the United States, Money Morning Global Energy Strategist Dr. Kent Moors told FOX Business.

Dr. Moors explains in the accompanying video where OPEC has now shifted its attention…

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  1. greg | June 3, 2013

    I enjoyed the articles more when I didn't have to contend with that ridiculous like bar moving over the words. So now I don't/can't read them. Hate it!!

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