Tag Archives: The View from Europe: The danger in what others wish for in Venezuela

The danger in what others wish for in Venezuela – By David Jessop

The View from Europe: The danger in what others wish for in Venezuela

David Jessop

February 16, 2018 – By David Jessop

A few days ago, the International Energy Agency reported that oil production in the US was undergoing extraordinary growth. The OECD-related body for net importers of oil said that the increase meant that US “production could equal global demand growth” largely because of its rapidly expanding shale output. This meant that US production would probably reach 11 million bpd by late 2018, outstripping Saudi Arabia and offsetting OPEC-led supply cuts aimed at increasing energy prices.      Continue reading