Quantum CEO Claims the Shale Revolution Is Over ...Middle East

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The U.S. shale revolution is over and large gains in production from now on are unlikely. The verdict comes from the chief executive of Quantum Energy Partners, Wil VanLoh, who suggested that energy prices for end consumers were going to climb higher. “The US shale revolution has run its course,” VanLoh told Bloomberg in an interview. “Clearly the investors have put oil and gas companies on a very short leash. They’ve required a massive amount of the cash flow every year to get returned to shareholders.” Asked about…

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Last updated : 24 September 2024 clock 12:04 PM

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Quantum CEO Claims the Shale Revolution Is Over ...Middle East

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