Shale Operators Defy $60 Oil to Keep Increasing Production

By David Wethe and Kevin Crowley A pumpjack and drill rig over an oil well in the Permian Basin near Midland, Texas. Photographer: Daniel Acker/Bloomberg US shale companies are forging ahead with their production plans, adapting to $60 oil prices while grinding out small increases and setting up the industry to add to next year’s … Read more