U.S. demand for OPEC decreasing “extraordinarily fast”

From Bloomberg Surveillance (podcast):

OPEC Matters Less for U.S 인터넷 동영상 링크 다운로드.

Jan Stuart, head of energy research at Credit Suisse Securities in London, says the U.S. is decreasing its dependence on foreign oil at a rate that is “extraordinarily fast.”

Running Time: 12:30

But, global demand (China, India) for OPEC is increasing and with Saudi Arabia remaining the world’s largest producer we are still powerfully dependent on the Middle East 다운로드.

Major reasons for the change, in priority order: (1) decreasing U.S. oil demand, (2) increase in Canadian imports, & (3) increase in U.S. domestic oil production 파크라이3 다운로드.

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