Peak Shale
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The Impact of the Shale Shale on the World Economy
CNN's John Defterios says the U.S. shale oil boom is equivalent of adding one or two Saudi Arabias to global oil production. "You don't underestimate the impact of what the shale's did to the world economy over the last 20 years," he says. He adds that it produced this period of unbelievably cheap abundant energy.
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