U.S. shale oil producers have been in Washington’s sights for several months now, refusing to produce as much oil as legislators and the White House want them to. They have also been attacked for reaping fatter profits from higher oil prices. And now they may be starting to consolidate again. Last month, Energy analytics provider Enverus reported that the value of mergers and acquisitions in the U.
S. shale industry fell to $12 billion in the year's second quarter. This was a solid 65-percent drop from 2021. Enverus Intelligence Research Director…The New Acquisition Strategy Of U.S. Shale
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