Saudi Gazette - Shale revolution changing global oil perspective:
"On February 22, 2011, when global energy ministers met in Riyadh formally to sign the new IEF charter, the loss of supplies from Libya, under Gaddafi then, haunted the minds of most men and indeed women present there on the day.
Everyone from the then IEA Executive Director Nobuo Tanka to US Deputy Secretary of Energy Daniel B. Poneman and Charles Hendry, the then British Minister of State for Energy and Climate Change, were disturbed and even nervous, on oil market prospects and the volatility due to the outage. The crude world was about to enter unchartered waters, many felt there on the day."
'via Blog this'
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