Economist

Richard Iley

Thematic (Sector/Industry)

United states Oil, gas and consumable fuels / Thematic (Sector/Industry)

<div class="content-highlight">
<p><strong>Even as <a href="https://www.haaretz.com/middle-east-news/.premium-1.822394" target="_blank">Mohammed Bin Salman's revolution in Saudi Arabia continues to gather pace</a>, the US's shale oil revolution, which is the proximate cause of Saudi's dire need to restructure, is itself maintaining an extraordinary tempo. </strong></p>
<p><strong>Perhaps the most remarkable feature of the US's shale revolution has been its ability to consistently trump even the most optimistic expectations. It is only a few years ago that the conventional wisdom held that high decay rates could see the shale boom fizzling out by the</strong>…</p>
</div>


Even as Mohammed Bin Salman's revolution in Saudi Arabia continues to gather pace, the US's shale oil revolution, which is the proximate cause of Saudi's dire need to restructure, is itself maintaining an extraordinary tempo. 
Perhaps the most remarkable feature of the US's shale revolution has been its ability to consistently trump even the most optimistic expectations. It is only a few years ago that the conventional wisdom held that high decay rates could see the shale boom fizzling out by the…


Chart of the Day: Saudi America