OPEC is Concerned about rising U.S. Tight Oil Production

  • 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:

OPEC is concerned about rising US tight oil production


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