- OPEC’s global oil supply dominance has not really been threatened by an independent country in its 50-year history.
- This is until now, with the U.S. posing a real concern to OPEC.
- To measure why OPEC is concerned, OilPro recently looked at how U.S. unconventional oil plays would rank if they were OPEC members.
- OilPro also included U.S. tight oil as a whole and total US oil production in their rankings.
- Here’s what the rankings look like as of April 2014: