Post Tagged with: "US shale patch"

Source: Reuters

As natural gas prices tumble, new worries for U.S. shale patch


A 46% drop in natural gas prices this year is rippling across the U.S. shale patch, threatening to slow drilling and chill deal-making in a move unthinkable six months ago as global demand soared.

Analysts are chopping their outlook …

Source: Bloomberg

US shale-patch jobless rate shows labor-market tightness endures

World Oil

(Bloomberg) — The short supply of labor in the US oil patch has plagued exploration and production companies all year, and the tightness continues.

While the sector’s unemployment rate jumped to 3.1% in November from 0.8% in the …