Crnr2Crnr Posted November 3, 2022 Share Posted November 3, 2022 (edited) The era of “exponential” growth in the U.S. oil and gas industry is over as most shale firms are returning cash to investors instead of going into debt to drill more, according to Halliburton, the world’s largest fracking services provider. https://oilprice.com/Latest-Energy-News/World-News/Halliburton-The-Era-Of-Exponential-Growth-In-US-Oil-And-Gas-Is-Over.html The U.S. oil and gas industry continues to be frustrated with the mixed messages from the Biden Administration, which continues to blame oil companies for high gasoline prices and demands that oil firms “lower the prices for consumers at the pump. “Oil companies do not set prices—global commodities markets do,” API’s Sommers said. Edited November 3, 2022 by Crnr2Crnr Quote Link to comment Share on other sites More sharing options...
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