IEA: Shale Oil Not Here to Stay
US shale may be the darling of the oil industry now, but the boom is not going to last, according to the International Energy Agency.
The richest areas will have been exploited by the mid-2020s, meaning the average well drilled in 2025 will be less…
US shale may be the darling of the oil industry now, but the boom is not going to last, according to the International Energy Agency.
The richest areas will have been exploited by the mid-2020s, meaning the average well drilled in 2025 will be less productive than today, the agency said in its...