Profitability is Finally Within Reach for U.S. Shale

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 first time ever,” the International Energy Agency (IEA) wrote in a recent report on energy investment..
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