U.S. Shale Pressures OPEC budgets
April 17, 2017 | Gabriel Collins

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Gabriel Collins
Baker Botts Fellow in Energy & Environmental Regulatory AffairsOPEC may opt to continue or deepen its oil production cuts at its upcoming May meeting, as a growing number of highly efficient U.S. shale operators now appears able to maintain oil production — and even expand it — at prices that likely are unsustainably low for many major exporters’ national budgets, writes energy fellow Gabriel Collins.