Business Magazine

U.S. Shale Is Growing Old. That’s a Problem for Donald Trump’s Oil Plans.

Posted on the 28 December 2024 by Phil's Stock World @philstockworld

Donald Trump wants U.S. oil producers to rekindle their once-frenzied drilling, but the country's shale patch has changed since his first administration. Wildcatters are mostly gone, replaced by more disciplined oil giants. Wall Street has helped instill that discipline, pushing oil companies to ...

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