US oil and gas 'resurgence' expected as global demand grows

 

November 15, 2017



LONDON (AP) — Oil will continue growing as a source of energy for over two decades, with the U.S. set to become the undisputed leader in crude and gas production, the International Energy Agency said Tuesday.

The report from the Paris-based agency will come as grim news for officials attending global climate talks in Bonn, Germany, as they grapple with ways to contain carbon emissions. Scientists just this week said that emissions of the heat-trapping gas rose this year after three years of not growing.

The IEA said oil production will be driven by continued growth in energy-hungry industries....



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