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Huge Boost In U.S. Oil Output Set To Transform Global Market

IEA chief Maria van der Hoeven, seen in a 2011 photo, said that North American production has set off a "supply shock that is sending ripples throughout the world." (AFP/Getty Images)
IEA chief Maria van der Hoeven, seen in a 2011 photo, said that North American production has set off a "supply shock that is sending ripples throughout the world." (AFP/Getty Images)

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