Except for a small drop in the amount of oil produced in 2016, with return to the upswing in 2017, American production has been on a steady increase ever since 2008. Even during the 2014-2016 price crash, U.S. E&Ps hunkered down, strengthened their balance sheets, made technological leaps and kept on producing oil and gas—without depending on the reappearance of $100-per-barrel oil prices.

Courtesy of Anadarko
Energy lawyer Justin T. Stolte told Oil & Gas 360® that after 2014, public and private investors have been cautio...

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