Monthly Archives: July 2016

U.S. oil boom isn’t dead. It’s plotting a 2017 comeback

By | 2017-02-08T04:35:42+00:00 July 16th, 2016|Categories: Oil News|

New cracks have emerged in the U.S. oil boom, thanks to the crash in prices orchestrated by OPEC. U.S. oil production is down seven straight months and recently dropped below the 9 million barrel mark for the first time in nearly two years. It's further evidence of how the supply glut and relentless pumping from Saudi Arabia, Iran and other OPEC [...]