Why Is The Shale Industry Still Not Profitable?

Green Car Congress
By mmillikinJan 31, 2018, 3:30 am209 pts
By Nick Cunningham of Oilprice.com Echoing the criticism of too much hype surrounding US shale from the Saudi oil minister last week, a new report finds that shale drilling is still largely not profitable. Not only that, but costs are on the rise and drillers are pursuing “irrational production.”…

Read Article Share
Share Article
- email
- x.com
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on EcoTopical

Indonesia says its giant sea wall will stop flooding. Is this climate adaptation or a costly folly? 121

About EcoTopical

Welcome to EcoTopical Your daily eco-friendly green news aggregator.

Leaf through planet Earths environmental headlines in one convenient place. Read, share and discover the latest on ecology, science and green living from the web's most popular sites.