U.s. Shale Oil Could Withstand Big Price Correction: Analyst

U.S. oil production from shale formations such as the Bakken in North Dakota and Eagle Ford in Texas would remain economically viable even if world crude prices drop by as much as 30 per cent from today’s levels, a U.S. analyst says.

Topics:  bakken   north dakota   eagle ford   texas   u.s    shale   oil   price   analyst   
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