Low oil prices hurting some US shale operations; slumping oil prices putting pressure on drillers
Green Car Congress
OCTOBER 23, 2014
For example, the pricey Tuscaloosa shale in Louisiana breaks even at about $92 per barrel. But that also reflects the high costs of starting up a nascent shale region. Much of the shale basins that are principally responsible for America’s oil production will not feel the effects of low prices as quickly as many are predicting.
Let's personalize your content