US shale revolution won’t stall despite headwinds, oil experts say


A pumpjack operates above an oil well at night in the Bakken Formation on the outskirts of Williston, North Dakota, U.S., on Thursday, March 8, 2018. 

Bloomberg | Bloomberg | Getty Images

U.S. shale oil production has shown some signs of moderation in recent months and production growth could be slowing, but experts told CNBC at Abu Dhabi’s influential oil & gas summit that the U.S. shale revolution won’t be stopped any time soon.

The U.S. is expected to become a net energy exporter in 2020, exporting more energy products ranging from oil to natural gas, than it imports, according to the U.S. Energy Information Administration (EIA).

Jason Bordoff, professor and director at Columbia…


JC Penney (JCP) reports mixed Q3 2019 earnings

Previous article

How to take advantage of fear, then relief, in the stock market leading up to the presidential election

Next article

You may also like

Leave a Reply

Notify of

More in Energy