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WoodMac: NorAm oil output increases to outpace Middle East 4:1 by 2020

12.06.2014 / Energyboardroom

By 2020, increases in North American oil production will outpace that of the Middle East by 4:1 on a per barrel basis, and by 2030, North American output will increase by 390 million tonnes of oil equivalent (mtoe) from 650 mtoe in 2009, according to long-term analysis of global energy trends by Wood Mackenzie.

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