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Reuters: U.S. shale oil won't flood global market-EOG CEO

November 28, 2012 | About:

Reuters: U.S. shale oil won't flood global market-EOG CEO

"The IEA said it saw U.S. oil production rising to 10 million barrels per day (bpd) by 2015... "

EOG's CEO Mark Papa: "From 2011 to 2015, EOG expects U.S. oil production will grow only 2 million barrels per day to 7.7 million barrels..."

http://www.reuters.com/article/2012/11/28/eog-oil-idUSL1E8MS69S20121128?feed&feedName=marketsNews&rpc=43

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Rating: 5.0/5 (2 votes)

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GuruFocus has detected 2 Warning Signs with EOG Resources Inc $EOG.
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