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North America to Become Net Exporter of Energy by 2025: Exxon
Dec. 11, 2012 10:11AM PST
Resource InvestingReuters reported that in their annual energy outlook, Exxon predicts that, given the rate of oil and gas production, North America will be a net exporter of energy by 2025.
Reuters reported that in their annual energy outlook, Exxon predicts that, given the rate of oil and gas production, North America will be a net exporter of energy by 2025.
As quoted in the market report:
More than half of the growth in unconventional natural gas supply over the next two decades will be in North America, supplies that will help reshape global markets, Exxon said.