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‘Second Wave’ Of Shale Oil Boom Set To Make U.S. A Top Oil Exporter

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The Trans-Alaska pipeline and pump station north of Fairbanks is shown in this undated file photo. The 800-mile Trans-Alaska pipeline carries Alaska North Slope crude oil from Prudhoe Bay south to Valdez. (Al Grillo/AP)
The Trans-Alaska pipeline and pump station north of Fairbanks is shown in this undated file photo. The 800-mile Trans-Alaska pipeline carries Alaska North Slope crude oil from Prudhoe Bay south to Valdez. (Al Grillo/AP)

The world is going to produce a lot more oil over the next few years, and more of it than ever will come from the United States. According to a new report released by the International Energy Agency this week, by 2023, the U.S. will rival Saudi Arabia in oil exports, less than a decade after former President Barack Obama lifted a ban on crude oil exports.

Here & Now's Peter O'Dowd speaks with Jennifer Layke, global director for energy at the World Resources Institute.

This segment aired on March 12, 2019.

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