Busted: OPEC’s crisis diplomacy fails as shale oil revolution booms

Busted: OPEC’s crisis diplomacy fails as shale oil revolution booms

by WorldTribune Staff, June 26, 2017 OPEC’s oil producer club “is facing a crisis of old age,” an industry analyst said. OPEC “is falling apart internally, confounded by the world and increasingly irrelevant,” according to Julian Lee, a senior analyst at the Center for Global Energy Studies. The two main areas where OPEC has failed […]