10:36:52 am 12/18/2023
The Resurgence of US Shale: A Challenge to OPEC's Dominance
In the ever-evolving landscape of global oil markets, a dramatic shift has occurred, reminiscent of a phoenix rising from the ashes. The US shale industry, once perceived as a fading force, has made a formidable comeback, challenging the long-standing dominance of the Organization of Petroleum Exporting Countries (OPEC).
The Unexpected Rise of US Shale Production
A year ago, US government forecasters had a modest outlook for domestic oil production, estimating an average of 12.5 million ba Read More
In the ever-evolving landscape of global oil markets, a dramatic shift has occurred, reminiscent of a phoenix rising from the ashes. The US shale industry, once perceived as a fading force, has made a formidable comeback, challenging the long-standing dominance of the Organization of Petroleum Exporting Countries (OPEC).
The Unexpected Rise of US Shale Production
A year ago, US government forecasters had a modest outlook for domestic oil production, estimating an average of 12.5 million ba Read More