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Wednesday, November 22, 2017, 10:49 a.m.

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Shale oil, gas predicted to reign

Energy agency sees U.S. output outpacing biggest-ever gains

By GRANT SMITH BLOOMBERG NEWS

This article was published November 15, 2017 at 2:11 a.m.

an-oil-tanker-approaches-a-jetty-at-an-oil-facility-in-the-united-arab-emirates-in-this-file-photo-oil-will-continue-growing-as-a-source-of-energy-for-more-than-two-decades-with-the-us-set-to-become-the-undisputed-leader-in-oil-and-gas-markets-the-international-energy-agency-said-tuesday

An oil tanker approaches a jetty at an oil facility in the United Arab Emirates in this file photo. Oil will continue growing as a source of energy for more than two decades, with the U.S. set to become the undisputed leader in oil and gas markets, the International Energy Agency said Tuesday.

The supply surge from U.S. shale oil and gas will beat the biggest gains seen in the history of the industry, the International Energy Agency predicted Tuesday.

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