1.0Newscoveragehttps://newscoverage.orgShale oil producers defy shakeout - Newscoveragerich600338<blockquote class="wp-embedded-content" data-secret="7S60S0FYGT"><a href="https://newscoverage.org/index.php/2015/12/15/shale-oil-producers-defy-shakeout/">Shale oil producers defy shakeout</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://newscoverage.org/index.php/2015/12/15/shale-oil-producers-defy-shakeout/embed/#?secret=7S60S0FYGT" width="600" height="338" title="“Shale oil producers defy shakeout” — Newscoverage" data-secret="7S60S0FYGT" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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By Robert Frank Plummeting oil prices have put unprecedented pressure on energy producers in Canada and around the world. The shale oil revolution has hammered energy prices, driving producer margins below the cost of capital. Clearly, something has to give. So far, American shale producers have defied a shakeout that had, early this year, seemedhttp://newscoverage.org/wp-content/uploads/2015/12/helima-croft1-5-300x166.jpg