Even at $70-$75 a barrel the U.S. shale oil sector cannot do what it has to do to stay in business, make its shareholders happy, actually pay its debt back (GASP !!), plugs its wells and clean up its mess. Prices have to be $90, sustained, to even have a chance at that. I suggest muting the fr

Landman | Tommy Explains Why Even Wind Turbines Depend on the Oil Industry (S1, E3) | Paramount+ People often like to draw a comparison here, particularly everyone that worked for me. I say its unfair but its actually pretty fair. All I can say is I never lost anybody under my watch and we all ma

ABSTRACT In reality Rystad reports the U.S. shale oil sector only had $102 billion of EBITDA and $49 B of "free" cash flow in 2022. Today the American shale oil sector is still over $178 B in long term debt and adding to that debt every year. It is borrowing money for stock buy backs and payment o

https://oilprice.com/Energy/Energy-General/US-Shale-Output-Nearing-Peak-as-Oil-Prices-Stagnate.html The tendency now will be to blame onerous government regulations, lack of federal permits for this and that, OPEC, Trump...I dropped the ball because the sun was in my eyes. U.S. shale loves to whi