Tuesday, March 1, 2022

High Oil Prices Aren’t Enough To Tempt Shale Producers — Tsvetana Paraskova

  • America’s shale industry is looking to ramp up production, but it is facing two major hurdles that could curb its trajectory.
  • Supply chain issues, runaway inflation and a growing labor shortage have hindered the industry’s ability to increase output.
  • "Even if the president wants us to grow, I just don't think the industry can grow anyway," said Pioneer CEO Scott Sheffield.
Oilprice
High Oil Prices Aren’t Enough To Tempt Shale Producers | OilPrice.com
Tsvetana Paraskova

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