Post Tagged with: "Shale drillers"

Source: World Oil

Shale drillers see more interest from banks as oil prices rally

World Oil


(Bloomberg) –Banks are gradually offering more credit to U.S. shale oil and natural gas producers as the industry recovers from last year’s contraction and energy prices rally.

So-called borrowing bases will increase as much as 20% during the …

Source: Houston Chronicle

Shale drillers float Jones Act waiver as balm for price pain

Houston Chronicle


U.S. oil companies battered by the crude price war between Saudi Arabia and Russia are encouraging the Trump administration to waive a law that mandates only American vessels can be used to transport goods among U.S. ports.

A …