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Tuesday, December 2, 2014

U.S. energy defiant in 'oil war' with OPEC - Dec. 2, 2014

America's energy industry is battling OPEC with a ferocity not seen since the 1980s. So far, it's not backing down.

The oil cartel's decision last week not scale back on production was widely seen as an attempt to choke off the U.S. shale boom. OPEC figures that by driving down oil prices, North American producers will collapse.


U.S. energy defiant in 'oil war' with OPEC - Dec. 2, 2014

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