shale
Energy
Macro
Shale’s $100 Problem: When Price Signals and Policy Promises Collide
U.S. producers face rig counts at 2021 lows even as Iran war pushes crude past $100, exposing the limits of political intervention in drilling economics.
Energy
Idle US Rigs Find New Life Abroad as Shale Economics Force International Pivot
With domestic rig counts down 30% since 2022 and bonus depreciation phasing out, American drilling contractors are shipping equipment to Argentina and Saudi Arabia to maintain revenues while US basins mature.