Share 'Shale To Kill Oil Prices: Here we go again'
The U.S. shale industry is in danger of killing of the very rally that it had hoped to take advantage of.
Shale production is up more than 700,000 bpd since bottoming out in September 2016, rising steadily to 9.33 million barrels per day (mb/d) in June, according to the latest weekly estimatesfrom the EIA. The International Energy Agency says that U.S. oil production could end 2017 up 920,000 bar…
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What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]