US peps up 2015 oil forecast on shale.

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US peps up 2015 oil forecast on shale. Sep 14th 2014, 23:00 The US government jacked up its forecast for oil production next year by 250,000 barrels per day (bpd) as the boom in shale oil drilling continues to confound expectations of slower growth.The US Energy Information Administration now expects domestic output to rise to 9.53 mbpd, growing by around 1 mbpd for a third consecutive year, according to its latest monthly short-term energy outlook. A...