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Can Anything Help Restore Wall Street’s Confidence In U.S. Shale?
By Tsvetana Paraskova - Feb 04, 2021, 6:00 PM CST
Rallying oil prices are testing once again the U.S. shale patch’s resolve to spend within their means and prioritize profitability over production growth.
U.S oil prices above $55 a barrel are also testing the patience of investors with American oil producers, and investor hopes that this time around shale firms will keep, for a change, their promises to stay disciplined in spending for drilling. The higher the price of oil, the greater the temptation to plow more cash into new wells.    ....

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