for Shale Oil Production
Two high-profile pipeline setbacks are part of a broader story in which the winds facing the oil and gas industry are blowing in an increasingly unfavorable direction.
A tighter market could help shale bounce back, but the heady days of aggressive growth-at-all-costs drilling are long gone.
Cautious optimism is returning to the oil industry, but prices are nowhere near profitable for the domestic industry.
Oil prices have risen ahead of the next OPEC+ meeting, but OPEC-Russian coordination is far from assured.
Oil prices are starting to climb, but supply shut ins mean the pain is not yet over.
The demise of Chesapeake is a fitting bookend to the latest chapter of U.S. shale.
With demand for oil slumping worldwide, global storage could be full by June.
In addition to oil, energy dominance should harness the diversity of fuels the United States has to offer and use them all to power our transportation sector.
The negative prices are an anomaly, related to the expiring contract in May. But the meltdown also reflects a ruinously oversupplied oil market.
OPEC+ agreed to the largest cuts in history, but oil prices barely moved in response.