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Peak oil driving the global gas shift / Andrew McKillop, Former Expert-Policy &#38; Programming, DG XVII Energy, European Commission, EU energy policy blog, 26/03/2012http://www.energypolicyblog.com/2012/03/26/peak-oil-driving-the-global-gas-shift/In its February 15 report ‘Resurging North American oil production’, Citigroup’s analysts claimed that the shale gas boom was set to morph into a shale oil boom. The report said: “The concept of peak oil is being buried in North Dakota, which is now leading the US to be the fastest growing oil producer in the world. The belief that global oil production has peaked, or is on the cusp of doing so, has underpinned much of crude oil’s decade-long rally (setting aside the 2008 sell-off)”...