Barkindo calls US shale basins ‘low-hanging fruit’ for more supplies US shares responsibility to maintain market stability, he says OPEC+ alliance not yet decided on output policy after August As the world’s largest oil producer, the US bears some shared responsibility for easing the current supply squeeze, OPEC Secretary General Mohammed Barkindo said June 16, suggesting that the Biden Administration could be doing more to raise domestic output. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “We are glad that their production is inching up, as well as their exports,” Barkindo told reporters in London, where he spoke at an energy transition forum. “But the US domestic industry, in our opinion, the shale basins [are] one of the low-hanging fruits that the world can easily tap for additional supplies in the months and years to come.” OPEC and its allies, including Russia, have for […]