Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why
Harvard Business
MARCH 1, 2018
could become the world’s largest oil producer in 2018, surpassing Saudi Arabia and Russia. In fact, 2018 may mark the first year shale producers will be able to fund future expansions of drilling programs through their own cash flow. Most major producers with large balance sheets will likely hedge their bets and attempt both.
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