Is the U.S. On the Cusp of a New Oil Boom?

Is the U.S. On the Cusp of a New Oil Boom?

In February 2017, OPEC dropped its crude oil production by 139,500 barrels in an effort to shore up falling crude prices. The plan worked, but it had an unexpected side effect: it brought American shale oil producers back into the market. OPEC’s move came as the...