The United States is pumping out so much oil as a result of the so-called “shale revolution” that it’s set to become a net oil exporter in 2021.

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That’s according to the International Energy Agency (IEA), which announced the projection Monday in its five-year forecast. “U.S. production growth has exceeded expectations,” the analysis states.

Calling the country “the stand-out champion of global supply growth,” IEA executive director Fatih Birol said, “The second wave of the U.S. shale revolution is coming.”

“It will see the United States account for 70 percent of the rise in global oil production and some 75 percent of the expansion in LNG [liquified natural gas] trade over the next five years,” he said. “This will shake up international oil and gas trade flows, with profound implications for the geopolitics of energy.”

In a sign of the surge, data from the agency show that in 2010 U.S. shale, extracted through fracking, represented barely a blip in production but zoomed up to over 7 million barrels per day (mb/d) at the start of 2019.