"World Energy Statistics Yearbook," reveals the world's energy supply and demand changes

"About 10 years ago, the United States and Canada is a huge country incremental oil imports, but now it Yueshen became an oil exporter. Why did it happen so dramatically?" BP's chief economist Christof recently in the Ruhr 2013 "BP World Energy Statistics Yearbook,"frac proppant the Chinese version (hereinafter referred to as "Yearbook") conference, stressed that "it is not because Canada has the oil sands, shale resources in the United States has the world's other countries also have a wealth of similar resources. most the reason is that Canada has a very open and fully competitive energy market environment, which in turn will lead to enterprises, especially SMEs flexible response actively carry out technological innovation, and ultimately stimulate Canada's leaps and bounds. "Ruhr also burst Antiaris pointed out that China is no reason why the revolutionary achieve as U.S.  shale gas  development objectives, in part because Chinese companies in this field are mostly large companies, the market is fully competitive conditions are not suitable for expansion. "Yearbook" that in 2012, as a dense oil and unconventional oil and gas production growth, the U.S. oil and gas production to get the world's highest growth rate, which hit the U.S. oil supply growth record. Not surprisingly, tight oil supply growth is still a force. Last year, North Dakota and Texas (United States has the most productive tight oil reserves in two states) production increased nearly 80 million barrels / day. So far this year, the supply continues to accelerate growth, increase U.S. oil production by 1.3 million barrels / day or more. Of course, the U.S. shale gas and tight oil development has become a familiar story.Proppant America has a rich resource base and horizontal drilling and hydraulic fracturing technology innovation in the field. Meanwhile, efficiency has become the rapid increase in U.S. oil production in the third key factor.