Shale Oil Production Decreasing

Consolidation of Shale oil Drillers and Processer. Fewer wildcat drillers bought out by the larger oil producers. Greater interest in financial returns. Fields are maturing, sweet spots dwindle, and greater interest in investors. Prices for gasoline will eventually increase. Drillers pushed U.S. production to a record of over 13 million barrels a day under President […]