The Rise And Fall Of The US Shale Oil Industry (Graph)

#Energy

Originally published on RenewEconomy. Since the collapse in oil prices began in the middle of last year, all eyes have been on how the oil industry responds. Already, some $200 billion of projects have been either axed or deferred, mostly because they cannot compete on costs. The US shale oil industry is also suffering. This

The Rise And Fall Of The US Shale Oil Industry (Graph) was originally published on CleanTechnica.

To read more from CleanTechnica, join over 50,000 other subscribers: Google+ | Email | Facebook | RSS | Twitter.

http://ift.tt/1v0pgDC http://bit.ly/15KdByZ