Forbes acknowledges that the United States has broken “shale paralysis”

2022-09-21T06:37:00+03:00

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2022-09-21T06:37:00+03:00

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Forbes acknowledges that the United States has broken “shale paralysis”

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The United States shale industry has faced many economic, investment and political challenges, which is why it is approaching a state of… PRIME, 09/21/2022

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Forbes acknowledges that the United States has broken “shale paralysis”

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MOSCOW, 21 Sep — PRIME. The United States shale industry is facing a host of economic, investment and political challenges that are approaching a paralysis-like state, columnist Dan Eberhart wrote in an article for Forbes.

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“The great American shale machine has hit a wall. Drilling and hydraulic fracturing have stalled. Some shale producers are already warning that U.S. production growth could be lower than projected—probably much lower,” Eberhart said.

At the same time, he suggested that the indicated data on drilling and production would have a bad effect on the oil markets, where there is already a shortage of supply today. In the near future, the markets, according to Eberhart’s calculations, will face a supply crisis, which will lead to higher energy prices.

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