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To: Adder
Has oil shale production ramped back up?

Nope, and it's not going to anytime soon. Texas frackers are not increasing production, preferring to raise cash, pay down debt, and increase distributions and dividends.

https://www.wsj.com/articles/frackers-hold-back-production-as-oil-nears-100-a-barrel-11645150760

For now, most large shale companies aren’t answering the White House’s call, sticking to commitments they made to limit production and return more cash to shareholders, an effort to win back investors who fled the industry after years of poor returns.

6 posted on 03/05/2022 4:25:32 AM PST by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
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To: Night Hides Not
Nope, and it's not going to anytime soon. Texas frackers are not increasing production, preferring to raise cash, pay down debt, and increase distributions and dividends.

What on earth are you going on about?
Read this:

Permian Oil Output Hits Record
By Irina Slav - Jan 19, 2022,

https://oilprice.com/Energy/Crude-Oil/Permian-Oil-Output-Hits-Record.html

8 posted on 03/05/2022 4:41:36 AM PST by SmokingJoe
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To: Night Hides Not

Well that’s complete horse shit, we’re drilling an fracing as fast as we can.

(Texas frackers are not increasing production,)

I don’t know it that’s your words or theirs but it’s a rather stupid comment. Those in the FRACING business have nothing to do with the production side. They show up on location after drilling is completed and gone before oil hit’s the battery’s. They’re just a contractor involved in the process. The producers are the ones determining production and right now they’re going all out.


15 posted on 03/05/2022 6:32:26 AM PST by Dusty Road (")
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