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China Gas Information
Forbes recently said in a research report, the revival of USA shale gas and oilhave been effectively put Russia from its as peeling off non OPEC oil producing countries of the world's largest position.
EIA also said a few days ago, Russia in the next 25 years or even longer period of time will not resume the position.
Forbes said that oil and gas output of the United States before 2020 will beincreased from 9800000 barrels in 2011 to 14200000 barrels, while in Russia before 2020 will average 10700000 barrels of daily oil and gas in.
Forbes think, Russia's oil production from now to 2040 will be an average annual increase of 0.6%, and during the American oil production will be an average annual increase of about 1% in the.
The U.S. Energy Information Administration said the United States oil and gasproduction will reach the peak in 2020, but dropped its inevitable will still be more than Russia's production. For example, before 2030, the United States is expected to average daily production of 13200000 barrels of oil, while Russia will average daily production of 11200000 barrels of oil.
Horizontal well drilling technology has helped the United States to become the newAmerican Saudi arabia. However, the United States will be only a small amount ofoil boom take OPEC market share. Because the United States the decline in output, OPEC's market share will increase.