Where Have the Shale Drillers Gone?
Michael Paciotti - Wednesday, November 24, 2021
Earlier this week energy consumers witnessed a war of wills between energy consuming nations, led by the U.S., and the energy producers of OPEC+. The oil consumer group, in response to rising oil prices (+60% since the start of 2021) and a lack of additional supply from OPEC+, recently announced a plan to release a portion of their strategic petroleum reserves. OPEC+, in turn, stated they would meet such release with a cut in production. All of this be