Dream of U.S. Oil Independence Slams Against Shale Costs

The path toward U.S. energy independence, made possible by a boom in shale oil, will be much harder than it seems. Just a few of the roadblocks: Independent producers (SN:US) will spend $1.50 drilling this year for every dollar they get back. Shale output drops faster than production from conventional methods.

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TAGS Oil, News

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