Dateline City:
WASHINGTON, D.C.
Most potential growth in 2015 U.S. oil production is economical at prices as low as $70 for WTI, IHS report says
(November 20, 2014) – The vast majority of potential U.S. tight oil production growth remains economical in the current crude oil price environment, according to a new report by IHS (NYSE: IHS), the leading global source of critical information and insight. About 80 percent of potential gross U.S. tight oil capacity additions in 2015 would remain resilient at West Texas Intermediate (WTI) prices as low as $70 per barrel, the report says.
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English
