U.S. Shale Oil Will Beat All-Time Record Production Levels Soon
(World News Austria)

The Permian Basin has been responsible for virtually all of America shale oil production growth in the past year; however, the Eagle Ford and Niobrara have each transitioned to y/y. The EIA, OPEC, and IEA have all recently significantly increased their 2017 estimates for U.S. oil production; we believe they remain behind the curve and estimates will be raised again. ......