article thumbnail

Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

Green Car Congress

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. For the next year or so, tight oil wells will not be commercial except in the best parts of the best plays. In other words, tight oil and oil sands production.

Oil 150