13 Nov 2012

IAEA tips US to become top shale oil producer

12:59 pm on 13 November 2012

The International Energy Agency says the United States will be the world's biggest oil producer by 2017.

It says that a steep rise in shale gas production is pushing the US towards self sufficiency in energy by 2035

The agency says new technology means that oil and gas sites which were difficult to get to, are now easier and cheaper to access.