Shale Giant Pioneer Explains Why U.S. Drillers Won’t Drill More ...Middle East

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Shale Giant Pioneer Explains Why U.S. Drillers Won’t Drill More
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Earlier this month, the White House’s top energy advisor Amos Hochstein called shale drillers “un-American” for their refusal to boost oil production despite the administrations’ multiple calls to that effect. Now, the industry is striking back. Pioneer Natural Resources’ CEO Scott Sheffield, one of the most outspoken industry executives, has indirectly explained to the White House that shale drillers will not be drilling more and that is it. And he had an excellent reason for it. Speaking to the Financial Times in…

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