Despite technological advancements maintaining U.S. oil production, the energy industry faces declining valuations and reduced drilling activity, with future growth contingent on higher oil and gas prices.
The assumption that U.S. shale production can be increased at will is not one that stands up to scrutiny, with shale drillers facing a plethora of challenges
Shale production has plateaued and could be on the decline, contradicting expectations for substantial growth. See why these expectations simply cannot be met.