USA to stop oil import by 2018(discovered new oil technology,drops import from )

Date: 15-06-2013 11:30 am (10 years ago) | Author: Justin Dyke
- at 15-06-2013 11:30 AM (10 years ago)
(m)
The USA has discovered what its called SHALE OIL which is of same quality with Nigerian oil in large quantity resulting in oil export from Nigeria dropping 50% this year.They expect that by 2018 USA will import little quantity of oil(about 10% -20% of their total oil needs) which means they may not need oil from Nigeria.What is your take on this latest development and what do you think the Nigerian/African government is doing about this and what is the effect on Ngeria

Posted: at 15-06-2013 11:30 AM (10 years ago) | Newbie
- merion at 15-06-2013 11:57 AM (10 years ago)
(f)
lets see
Posted: at 15-06-2013 11:57 AM (10 years ago) | Gistmaniac
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- Fertymor at 15-06-2013 01:00 PM (10 years ago)
(f)
Yes o, lets wait and see
Posted: at 15-06-2013 01:00 PM (10 years ago) | Gistmaniac
Reply
- papadip at 17-06-2013 04:21 PM (10 years ago)
(m)
My wish is to have dry oil wells in Nigeria now.
Only few have benefited from the oil wealth.
U.S.A. Set to Be Largest Oil Producer by 2020 via the new technology (hydraulic fracking) but there are environmental concerns and issues.

http://www.gistmania.com/talk/topic,136415.0.html
Story & Video... http://www.cbc.ca/news/world/story/2012/11/12/iea-oil-report.html
Posted: at 17-06-2013 04:21 PM (10 years ago) | Gistmaniac
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