Shale-Oil Surprise: OPEC Faces an Insurgency, Not a Price War

December 9, 2014 Topic: EnergyEconomics Region: United States

Shale-Oil Surprise: OPEC Faces an Insurgency, Not a Price War

"OPEC is not waging a price war against the United States—rather, U.S. producers are waging an insurgency against OPEC."

 

Nikos Tsafos is a founding partner at enalytica, where he advises leadership teams across the world on energy markets, project development and strategy. 

Image: Flickr/joshuadelaughter/CC by-nc 2.0