The new shareholder-focused approach of shale companies, supply chain restrictions, and inflation have all combined to change how the sector functions. The US shale boom is officially over.
The era of the United States' shale oil industry's rapid expansion is finished. Although American oil production is increasing, it is doing so at a considerably slower rate than it was prior to the 2020 crash and at a lower rate than was anticipated a few months ago.
The newfound priorities of the ...
