Tight oil and gas production in the United States could soon become less sensitive to price as super-majors like Chevron and ExxonMobil increase their shale acreage and commit to development spending. BP’s chief economist Spencer Dale said “cash-rich supermajors can smooth through price variations” and just keep fracking regardless.
|Full content is available only to subscribers
please log in below or subscribe now
Or request to register for a free 14 day trial here