Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… The U.S. government appears to believe that the country’s shale production can be raised simply by throwing enough money at the problem. This assumption fails to understand that not all the problems currently faced by drillers are financial, with some drillers simply unable to get their hands on the material they need to boost production. These companies are also suffering from a lack of high-quality acreage and, in some cases, are struggling to secure financing. There is a fairly blithe assumption in government circles that shale production can be raised at will. That assumption is about to be put to the test as the American shale drilling and fracking industry attempts to respond to the entreaties and outright demands of legislators, members of the […]