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Low oil prices hurting some US shale operations; slumping oil prices putting pressure on drillers

Green Car Congress

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 rides on the decision making of officials in Saudi Arabia. 27 , where all eyes will be on Saudi Arabia. Source: [link].