FX.co ★ By 2025 the USA will become top oil exporter

By 2025 the USA is expected to become top oil and gas exporter, is said in the market outlook released annually by the American oil-and-gas corporation ExxonMobil. In 2010 the United States imported about 35% of the required oil.
By 2040 the USA will export five percent of all oil and 15% of gas produced. Meanwhile, from 2010 up to 2040 oil production will increase by 40%, and oil consumption, on the contrary, will slowly decelerate and in 27 years will shrink by 5%. To compare, the countries of the Asia-Pacific Region, as forecasted by ExxonMobil, will import about 40% of all energy supply by 2040.
The American corporation connects the increase of oil production in the USA and in the North America with development of shale gas and oil-bearing sand in Canada, as well as with oil production in the Gulf of Mexico.