Productivity and Competitiveness: Economy, Environment and Partnership

The dynamics of North American oil and gas markets have changed dramatically since 2014.
Official submission

Published: August 04, 2017

The U.S. has benefited from this development as U.S. tight oil production is now following a similar path as the U.S. shale gas revolution’s transformation of North America’s gas markets. The U.S. is now poised to produce a record amount of crude oil in 2018, according to the US Energy Information Administration (EIA).