Bloomberg: Oil in New Era as OPEC Refuses to Yield to U.S. Shale
Bloomberg – Oil in New Era as OPEC Refuses to Yield to U.S. Shale bloom.bg/1CmswkX
opec and us shale gas drillers in a price war. You guess who will survive the onslaught. Old oil or new shale. Bad news for high costing players. The tough getting tougher. With the Chinese drilling their own in South China seas; the worst has yet to come.