U.S. shale producers unlikely to boost drilling despite Trump’s call
Oil & Gas 360º
JUNE 26, 2025
million barrels a day, more than Saudi Arabia and Iran combined, and companies in its shale basins have a unique ability to ramp up output quickly — within about 6 to 9 months — with the right oil-price incentive. West Texas Intermediate declined 4% at 12:47 p.m. in New York to $71.92 a barrel, after an earlier rally faded. produces about 13.4
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