The slump in crude oil prices hasn’t yet resulted in a slowdown in production from shale basins in the United States, analysis finds. Crude oil prices have fallen to the point that some major companies have trimmed their investment forecasts . It’s more expensive to drill into shale basins in the United States than elsewhere in the world and the price may be approaching a point where explorers need to cut back . “While current lower crude oil prices do present challenges for new investment, IHS analysis shows that the vast majority of potential U.S. supply growth in 2015 remain economical at $70 for West Texas Intermediate [the U.S. benchmark price],” Jim Burkhard, vice president at IHS Energy, said in a Thursday statement sent to […]