U.S. oil expected to meet most of world’s growth in demand

U.S. News and World Report | David Koenig
According to the IEA, U.S. oil production is expected to meet most of the world’s oil needs through 2023.
A global energy group says booming production in the United States will meet most of the world’s growth in demand for oil in the next few years. The International Energy Agency believes U.S. oilfields will offset slow growth from the OPEC cartel. The group, based in Paris, issued its annual oil market report on Monday. The resurgence in U.S. production is the most prominent change since the group’s last forecast.
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