"The important implication of this U.S. demand surge is that it absorbed a large portion of the continued rise in U.S. shale oil production, leaving the U.S. balance to the rest of the world mostly flat during 2013," the note said. America's demand growth will likely outstrip that of China—the world's second-largest economy, [which] runs neck-and-neck with the U.S. for energy consumption—for the first time since the 1990s.
The shale boom is affecting the domestic and global economies in ways large and small. Last month, the International Energy Agency said that the U.S. would surpass Russia and Saudi Arabia as the world's top oil producer by 2015 and would be churning out more than 11 million barrels a day by 2020.
(Read more: US the top energy producer—for a little while)
Earlier this week, the Commerce Department said the trade imbalance—for years a scourge on the world's largest economy—narrowed in October, thanks in part to petroleum exports' hitting their highest levels on record.
Economists also say that fracking is helping to create jobs across the country.
—By CNBC's Javier E. David