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Canada to offer India technologies for shale gas exploration: Veerappa Moily

I am nor sure we will have domestic shale oil or gas anytime soon in India.

Will love to be proven wrong...
 

I dont believe this, the US cannot go from 6 million Bpd to 12.1 million Bpd in less than a year.

That is a HUGE increase, you cant just produce oil. You need have to infrastructure, pipelines e.tc to handle it.

Most sources indicate US production is somewhere around 7 million Bpd.

It is impossible for shale output to increase to 6.2 million Bpd from being under 1 Million Bpd.
 
I dont believe this, the US cannot go from 6 million Bpd to 12.1 million Bpd in less than a year.

That is a HUGE increase, you cant just produce oil. You need have to infrastructure, pipelines e.tc to handle it.

Most sources indicate US production is somewhere around 7 million Bpd.

It is impossible for shale output to increase to 6.2 million Bpd from being under 1 Million Bpd.
Maybe.......
But America will surely become largest producer by 2015.
 
No, China has overtaken the USA in imports.

Provide me with credible proof.

US Crude oil consumption is over 20 million Bpd.

It produces somewhere around 7 million Bpd. Thats a short fall of 13 Million Bpd.

The ENTIRE crude oil consumption of China is just 7-8 Million Bpd.
 
Provide me with credible proof.

US Crude oil consumption is over 20 million Bpd.

It produces somewhere around 7 million Bpd. Thats a short fall of 13 Million Bpd.

The ENTIRE crude oil consumption of China is just 7-8 Million Bpd.

Last month, China surpassed the United States as the largest importer of crude, according to the U.S. government, as the rise of domestic output cuts the U.S. dependence on overseas oil.


U.S. surges past Saudis to become world's top oil supplier -PIRA| Reuters

Reuters good enough for you?

Or you need peer reviewed academic stuff? ;)
 
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