Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why
Harvard Business
MARCH 1, 2018
output comes from fracking operations that have cut costs dramatically since slumping prices in 2014 forced dozens of companies into bankruptcy. 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. The soaring U.S.
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