by Filippo Clô - Low oil prices are finally affecting shale production. However, the shale industry continues to show a strong resiliency and it may eventually emerge as a winner in this new lower for longer scenario.
by Filippo Clô - As regularly happens since oil prices started to fall in July 2014, prophesies about the imminent end of the shale oil industry continue to fill the newspapers. The most recent and resounding attack came from the Lehman Brothers bankruptcy’s predictor, David Einhorn. At the Ira Sohn investment conference in New York on May 4th, he claimed that shale oil producers rely on a trashing business model.