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North America: US has its eye on oil independence

FINANCIAL TIMES

By Ed Crooks

For decades, America has worried about Saudi Arabia’s plans for oil production; now Saudi Arabia is starting to worry about the US.

In a reversal of roles, US oil production has begun to rise, and expectations are growing that North America (including Canada, where production is growing even faster) will become an increasingly potent force in world oil markets.

FULL ARTICLE

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