Will U.s. Shale Ruin The Oil Party (again)?

Crude oil prices have soared to three-year highs. But will shale oil producers overwhelm the market, creating another disappointment in the boom-and-bust energy industry?

Topics:  shale   oil   
BING NEWS:
  • The US oil boom shows no signs of stopping as shale execs say they'll ramp up spending in 2025
    While the OPEC+ cartel of oil-producing countries has restricted output since the start of last year, non-OPEC nations like the US, Brazil, Guyana, and Canada have kept production high. As a result, ...
    01/3/2025 - 12:54 am | View Link
  • Shale Is Plateauing. Oil Only Has One Place Left to Grow.
    Shale drilling’s hot growth turned the U.S. into the world’s largest oil producer over the last decade. Now oil buried beneath the world’s oceans is expected to drive growth. Offshore drilling in the ...
    12/30/2024 - 5:49 am | View Link
  • U.S. Shale Is Growing Old. That’s a Problem for Donald Trump’s Oil Plans.
    President-elect Donald Trump wants U.S. oil producers to rekindle their once-frenzied drilling, but the country’s shale patch has changed since his first administration.Wildcatters are mostly gone, ...
    12/28/2024 - 1:27 pm | View Link
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