Dallas Fed chief sees global energy markets retaining “fragile equilibrium” during the next few years
Kaplan said that because of the recent years' reduced investments in large offshore and oilsands projects that can take many years and many millions up to billions of dollars to accomplish, the global energy market has increased its dependence on future production growth from shale oil.

In a personal essay published Tuesday by Federal Reserve Bank of Dallas President Robert Kaplan, the Dallas branch of the central bank CEO said his team of ...


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