U.S. Energy Chief Shrugs Off Permian Oil Slowdown as ‘Pause’
U.S. Energy Chief Shrugs Off Permian Oil Slowdown as ‘Pause’ 1(Bloomberg) — The golden age of U.S. shale is far from over, with an expected slowdown in the Permian Basin likely to be temporary, according to the new U.S. Energy Secretary. The shale boom helped transform the U.S. into a net exporter of crude and petroleum products in September from a major importer a decade ago. Even as growth is set to …
News story posted on 2019-12-18T14:59:00.0000000Z