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NOV 13, 2013 - TheStreet

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[video] Dicker: Shale Oil vs. Shale Gas

NEW YORK (TheStreet) -- I was talking with Jim Cramer today about the latest IEA report on oil production. Most media outlets centered on the headline that the U.S. would become the leader in global oil production by 2030. But the idea of "Saudi America," a country that produces more than anyone else, really misses the point of the IEA report. More important is the correct recognition by the IEA of fast-increasing and almost equally fast-eroding oil shale plays, leaving a near-term future of U.S. independence, but ultimately returning dependence upon conventional Middle East sources for ... Read More

Tags: [video] Dicker: Shale Oil vs. Shale Gas,  Industry Latest News