CERAWeek UPDATE: US Shale Firms Unlikely to Drill at $100 a Barrel Unless High Prices Last Longer, Executives Say

Oil prices above $100 a barrel would not trigger a meaningful production increase in the U.S. unless they stay elevated for more than a quarter, shale executives said at the CERAWeek energy conference in Houston, troubling news for consumers slammed by the energy crisis during the U.S.-Israeli war on Iran. Shale producers helped make the … Read more

CERAWeek UPDATE: US Shale Firms Unlikely to Drill at $100 a Barrel Unless High Prices Last Longer, Executives Say

Oil prices above $100 a barrel would not trigger a meaningful production increase in the U.S. unless they stay elevated for more than a quarter, shale executives said at the CERAWeek energy conference in Houston, troubling news for consumers slammed by the energy crisis during the U.S.-Israeli war on Iran. Shale producers helped make the … Read more