The latest Dallas Fed Survey found that costs in the industry have continued rising sharply for the second quarter in a row between July and September. The Dallas Fed Survey data suggests the problems encountered by its respondents are not only limited to large public oil industry players. Rising costs could cap production increases in H2 2021 and H1 2022 U.S. oil producers, especially those active in shale, have been hailed for sticking to a strict financial discipline amid the pandemic-driven crisis and for changing their focus from production growth to shareholder returns. Now, things may be about to change—and for the worse. The latest Dallas Fed Survey found that costs in the industry have continued rising sharply for the second quarter in a row between July and September. Another finding of the report, likely related to the first one, was a slowdown in production growth in both oil […]