America shale energy threat OPEC

Saudi Prince Al-Waleed mentioned U.S. shale energy revolution is in full swing, and let the U.S., the world's largest oil consuming country's oil imports has changed. Last year, U.S. imports from the OPEC member's oil volume fell to the lowest point in 15 years, the U.S. government data also show that in February this year, the country's average daily crude oil imports from OPEC countries is less than 300 million barrels, the highest since January 1994 the minimum value, resulting in an important reason for this change is the U.S. shale oil boom. Shale oil shale refers to the shale oil resources contained in the Department, in recent years, because of shale technology (horizontal drilling and hydraulic fracturing) the development and application of the oil production, greatly increasing oil production,frac proppant most notably in the United States, as of November 2011, U.S. shale oil (tight oil) production of nearly 90 million barrels / day, compared with 250,000 barrels in 2009, an increase of nearly three times, and in 2012 the United States the highest ever annual increase in oil production of the year, the United States in 2015 with an annual output of 75 million tons of shale oil in 2020 reached 150 million tons, accounting for one-third of domestic oil production. Nigeria's oil minister Madhu Ike said shale oil revolution for OPEC is "one of the most serious threats." He warned that the U.S. shale oil may lead to a 25% reduction in oil revenues in Africa, severely weakened several OPEC member's economy. In May this year, the first time in India overtake the U.S. as the largest exporter of crude oil in Nigeria destination. Shale energy as a part of the past 10 years, the exploitation of  shale gas  in the United States has also been rapid development and reversing the decline in U.S. natural gas production situation, the United States in 2009 to promote the re-ultra Russia, once again become the world's largest gas producing countries. Experts with the "shale gas revolution" to describe the U.S. shale gas field in a major breakthrough, it was optimistic that,frac sand with shale gas, the United States 100 years no worries. Some experts suggested that because of shale gas, the United States can successfully get away from the Gulf War.