Why Isn’t US Oil Production Growing More?

Summary US producers have demonstrated that they are capable of significant growth at a lower oil price level, so it can be baffling that production is not growing more at higher prices. Despite ample reserves, significant industry expertise in shale production, and financial incentive from higher oil prices, US oil production is only growing modestly [...] The post Why Isn’t US Oil Production Growing More? appeared first on ETF Trends .