IHS Markit: US oil production growth heading for a major slowdown, as capital discipline and weak prices play out
Green Car Congress
NOVEMBER 7, 2019
US shale production—the chief source of rapid growth that made the United States the world’s largest oil producer—is slowing down fast, says a new report by IHS Markit. Investors are imposing capital discipline on E&P’s by pushing down equity prices and pushing up the cost of capital on debt markets.
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