Thursday, 20 November 2014

U.S. production growth resilient amid lower oil prices, IHS says

WASHINGTON, D.C. -- The vast majority of potential U.S. tight oil production growth remains economical in the current crude oil price environment, according to a new report by IHS. About 80% of potential gross U.S. tight oil capacity additions in 2015 would remain resilient at WTI prices as low as $70/bbl, the report says.


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