U.S. shale production is finally ready to grow again, with output set to climb next year due to increased spending in the Permian The rise in output will be lower than 2018 and 2019 due to the newfound capital discipline of shale companies Inflation and labor costs are the two major problems U.S. companies will have to deal with going forward U.S. shale production is back to growth mode as producers continue to add rigs onshore. Output will continue to climb over the next year as some large oil firms plan to raise spending in the Permian, which has been and will be the key driver of America’s tight oil production growth. Still, the rise in shale output will be slower than in the boom years of 2018 and 2019, as most operators continue to stick to capital discipline, while surging costs and labor shortages are major headwinds to […]