Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil
Green Car Congress
SEPTEMBER 18, 2015
This is part of overall weak demand in a global economy that has been severely weakened by debt. With Iran poised in early 2016 to add almost as much oil as the amount of the US production decline to date, the outlook for tight oil producers could not be worse. percent in September 2014 to 1.2 percent in August 2015.
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