"The
abundance
of
resources
and
the
more
'balanced'
geographical
distribution
of
unconventionals
have
reduced
the
much-hyped
concerns
over
'energy
security'
which
once
served
as
the
undercurrent
driving
energy
policies
and
dominated
the
global
energy
debate,"
the
news
wire
quoted
Khalid
al-Falih
as
saying.
For
years
oil
markets,
nervously
watching
pressure
on
limited
spare
production
capacity,
have
obsessed
over
Saudi
Arabia's
supply
cushion
as
the
last
defence
against
prices
spiraling
higher.
"A
few
years
ago,
much
of
the
global
energy
debate
was
based
on
the
premise
of
acute
resource
scarcity
and
its
economic
and…
