OPEC supply surge swamps downturn in US tight-oil output
July 16, 2015
Confession: Early this year, your correspondent predicted that oil production from shales and other low-permeability formations would be declining by now and that oil prices consequently would be set to rebound. He was only half-right.
Confession: Early this year, your correspondent predicted that oil production from shales and other low-permeability formations would be declining by now and that oil prices consequently would be set to rebound. He was only half-right.
About the Author
Bob Tippee | Editor
Bob Tippee has been chief editor of Oil & Gas Journal since January 1999 and a member of the Journal staff since October 1977. Before joining the magazine, he worked as a reporter at the Tulsa World and served for four years as an officer in the US Air Force. A native of St. Louis, he holds a degree in journalism from the University of Tulsa.
