U.s. As Oil's Global Swing Producer? Not So Fast

Oil industry executives, blindsided by cheaper oil, are trying to remake themselves as the world's swing producer. That means they will be produce the last barrel the world needs, boosting production when demand goes up and slowing production when the price goes down. But it's important to remember that if OPEC really is giving up that role, the market will decide who will be the swing producer, not oil executives.

Topics:  opec   swing producer   oil   executives   world   production   

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News