Industry News From Around the Web

  • US shale growth will offset global production problems over the coming months, analysts say
    August 15, 2018
    CNBC | Sam Meredith U.S. shale growth plays a significant role in solving the world’s production problem, according to industry analysts. A sustained upswing in U.S. shale growth is likely to offset global production problems over the coming months, energy analysts told CNBC on Wednesday. Industry analysts point out the U.S. shale boom is perhaps the most ...
  • The U.S. Becomes an Oil Economy
    August 13, 2018
    Bloomberg | Justin Fox Booming production and falling imports enable US to become a major oil power again. The oil market has changed a lot over the past decade. The U.S. has gone from a big-time net importer of oil to a small-time one. The latest base-case forecast from the EIA is that it will be a ...
  • Profitability is Finally Within Reach for U.S. Shale
    July 29, 2018
    OilPrice.com | Nick Cunningham According to the IEA, the US oil and gas industry is anticipated to achieve profitability in 2018. The shale industry is on the verge of becoming profitable…for the first time. “Higher prices and operational improvements are putting the US shale sector on track to achieve positive free cash flow in 2018 for the ...

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