U.S. Shale Is Now Cash Flow NeutralOil prices are probably already high enough to spark a rebound in shale production. The IEA says that in the third quarter of 2016, the U.S. shale industry became cash flow neutral for the first time ever. That isn't a typo. For years, the drilling boom was done with a lot of debt, and the revenue ...
Posted 3 months agoOpinion
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