Shale’s running out of survival tricks as OPEC ramps up pressure

In 2015, the fracking outfits that dot America’s oil-rich plains threw everything they had at $50/bbl crude. To cope with the 50% price plunge, they laid off thousands of roughnecks, focused their rigs on the biggest gushers only and used cutting-edge technology to squeeze all the oil they could out of every well. More »