Has U.S. shale oil production stalled? Well, it seems so. After experiencing significant growth in 2017 and 2018, U.S. shale production in the first five months of this year has remained flat. This is terrible news for the shale industry which has counted on production growth to increase cash flows so it can pay down debt. And, along with not being able to increase production in the first five months of the year, the shale industry continues to receive an onslaught of negative press as recent articles reveal the disaster beginning to take shape. For example, here are a few articles indicating BIG TROUBLE ahead for the U.S. Shale Oil Industry: Shale Bleeds Cash Despite Best Quarter In Years U.S. Drillers Reduce Staff And Budgets As Oil Prices Stay Low Weakening Shale Productivity “VERY Bullish” For Oil Prices Shale’s Dark Side: Methane Emissions Are Soaring Energy: The Worst Performing […]