Home |  News |  Medical  |  Cars |  Life |  Archives |  New Archives |  RSS |  Twitter |  Facebook |  About Us | 









Bogota Free Planet Comments



U.S. Shale Is Immune To An Oil Price Crash In 2017

Posted by BFP Staff on May 17, 2017 at 12:37 PM

Last month, oil prices were seen dropping to US$40 or lower

By Tsvetana Paraskova for Oilprice.com
Since OPEC announced the production cut deal at the end of November, industry analysts have been warning that rising production from producers outside the deal—U.S. shale in particular—is effectively capping the oil price gains from that agreement.
Four months after the OPEC/NOPEC deal took effect, oil prices dropped to the levels preceding the agreement, amid concerns over still stubbornly high inventories and rising U.S. output.

More...



Post a Comment to: BFP Staff

Name:

Email (not for display):

Location:

Remember my personal information

Notify me of follow-up comments?

Submit the word you see below:



Note from the Editor:

This section is for comments from readers of bogotafreeplanet.com.

Please don't assume that Bogota Free Planet agree with or endorses any particular comment just because we let it stand.

A reminder: Anyone who fails to comply with our terms of use may lose his or her posting privilege.

Custom Search
Pursuant to Title 17 U.S.C. 107, other copyrighted work is provided for educational purposes, research, critical comment, or debate without profit or payment. If you wish to use copyrighted material from this site for your own purposes beyond the 'fair use' exception, you must obtain permission from the copyright owner.

Views are those of authors and not necessarily those of Bogota Free Planet. Content is Copyright 2011 the individual authors.