IEA: Significant Gains In U.S. Shale Oil Output As Prices Rise lweb.es/f2607 01.18.2017
Oil-price gains will trigger a “significant” increase in U.S. shale output as OPEC and other producers rein in supply, according to IEA head Fatih Birol. At $56 to $57 a barrel, “a lot of shale plays in the United States would make perfect sense to produce.”…