The chorus is growing from America’s oil executives for President Joe Biden to throw the federal government’s weight behind an industry he once deliberately shunned: U.S. shale.
March 4, 2022Shale
Oil Executives Urge Biden to Unleash Shale

After Blowing $300 Billion, US Shale Finally Makes Money
After years of booms and busts that produced astronomical losses along with a whole lot of oil, the fracking industry seems to have found a sweet spot. It’s poised to generate more than $30 billion of free cash this year.
June 18, 2021Shale Drillers Puzzle Analysts With $7.4 Billion Merger
Shale investors have been demanding more consolidation in the U.S. oil patch. But not exactly a deal like this one.
May 25, 2021Exports Boosted US Shale Market, but Long-Term Demand Uncertain

These past five years could very well go down as the best years that U.S. shale oil exporters will ever see.
January 12, 2021Shale Driller Sells Gas Fields for Fraction of Purchase Price

Range Resources Corp. is selling its Louisiana shale fields for about one-tenth of what it paid for them just four years ago as depressed natural gas prices hammered the heavily indebted driller.
August 4, 2020US Energy Chief Shrugs Off Permian Oil Slowdown as ‘Pause’
The golden age of U.S. shale is far from over, with an expected slowdown in the Permian Basin likely to be temporary, according to new U.S. Energy Secretary Dan Brouillette.
December 18, 2019Offshore Oil to Peak in 2020, Then Join Shale in Market Drop, Analysts Say
Offshore oil production is expected to hit a peak in 2020 before joining the shale industry in a slowdown that could dramatically rewrite market supply predictions.
November 12, 2019Shale Oil Pioneers Say the Boom Times Are Over

The days of relentless production growth from U.S. shale oil fields are ending, potentially aiding OPEC’s yearslong effort to drain a worldwide supply glut, according to industry pioneers Scott Sheffield and Mark Papa.
November 6, 2019Permian Basin Watch: America’s Hottest Shale Play Is Slowing Down
The almost relentless thrust that has doubled crude output from the Permian Basin in three years is showing some signs of waning.
July 16, 2019US Shale’s Blows Leave Middle East Oil Sellers Staggering

The U.S. oil industry is delivering a one-two punch to Middle East producers already reeling from a collapse in prices. A tussle is playing out in the market for so-called light oils, which have a lower sulfur content and are less dense than heavier varieties.
December 27, 2018