NYT: ‘Unprecedented upsurge of oil production capacity’ — Report: ‘Prolonged period of rising oil production, particularly in U.S. and a potential collapse in oil prices’
'The U.S. shale revolution cannot be easily replicated in other areas of the world – at least in a short period of time – due not only to the huge resource base of shale/tight oil plays existing in the U.S., but also to some unique features of the U.S. oil industry and market, such as the private ownership of mineral rights'
