Did you know that unconventional oil production – U.S. shale – was the only source of growth in global non-OPEC oil supply over the last 12 years?
And currently, the only growing non-OPEC basin is the Permian Basin in West Texas. Never before has global oil supply growth been so geographically concentrated. A mere six counties in West Texas are now 100% responsible for all non-OPEC global production growth.
