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Women losing coverage under Obamacare, too
Topic - Maria Van Der Hoeven
The rapid growth of U.S. oil production is transforming global markets and easing supplies just as China and the rest of the developing world move to overtake the developed world for the first time in consumption, the International Energy Agency reported Tuesday.
"The United States, which experiences relatively low energy prices, sees a slight increase in its share of global exports of energy-intensive goods, providing the clearest indication of the link between relatively low energy prices and the industrial outlook," said IEA Executive Director Maria van der Hoeven.
"OPEC oil will still very much be needed," despite the cartel's recent troubles, because of the surging demand in Asia and the developing world, said Ms. van der Hoeven.