Bloomberg News
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U.S. shale oil producers face major challenges
Posted
October 21, 2019
Views
4,574
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17
Comments
2
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0.42%
October 21, 2019
4,574
17
2
0.42%
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1:04Now PlayingShale oil production famously revolutionized the U.S. oil industry over the past decade. In that period, output surged 57%, largely due to the exploitation of shale-rich areas such as the Permian Basin, with shale oil now accounting for 36% of total U.S. crude oil production. However shale oil producers are facing some major challenges as production rates decline and environmental concerns increase. What are the main challenges facing shale producers in the coming years? Insights via @CMEGroup
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