US Shale Output Nearing Peak As Oil Prices Stagnate
US Shale Output Nearing Peak As Oil Prices Stagnate Authored by Tsvetana Paraskova via OilPrice.com, Low oil prices and economic uncertainty are causing U.S. oil production, particularly in shale basins, to plateau or decline earlier than anticipated. Major oil companies acknowledge the accelerated peak in U.S. oil output, with the Permian Basin being the last […]
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