Drill, Baby, Drill’ Hits Wall of Capital Restraint – More like Drill Baby Drill when fiscally responsible!
Trump will encounter a very different mindset of shale industry executives in 2025 compared to the late 2010s.
Discipline and a pragmatic approach to balancing production growth with shareholder returns are likely to hold in the industry.
Large shale companies have curtailed capex and aren’t likely to be incentivized in any way to increase it meaningfully.
Keep reading with a 7-day free trial
Subscribe to Energy News Beat to keep reading this post and get 7 days of free access to the full post archives.