U.S. Shale Hits Snooze ...Middle East

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U.S. Shale Hits Snooze
Activity in the U.S. oil and gas sector slowed down in the third quarter, potentially settling an unofficial debate about the industry: can the boom continue forever, or is it time to take a break? According to the Dallas Fed, it's time to take a break and take stock. In its latest energy survey, the Dallas Fed reported that oil activity was slightly higher in the third quarter compared with the second, but gas activity was substantially down, confirming other reports pointing towards curbs in gas production and slower growth in oil production…

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