Shale Oil Industry Doomed or Not! The Force is Strong, Is It?

Optimistic He Is!

Hmm worried Secretary Wright is not. Falling oil prices a mere bump in the road he says. Abundance of energy he foresees! Survive and thrive the U.S. shale industry will according to him. But low prices for too long investment decisions will be tailored. Bullish he is yes. Much faith in the Force he has. Or perhaps a disturbance in the Force he ignores?

The Dark Side of the Market!

Pressure the oil prices are under. Lower demand globally and tariffs hmm a shadow they cast. Supply greater from OPEC and others. Revenues lower shale producers threaten. Brent crude at $63.51 and WTI at $60.26. Down 22% in a year both are. A test of faith this is. Patience we must have. Fear leads to anger anger leads to hate hate leads to… bankruptcy!

2015 and 2016: A History Lesson

Remember 2015 and 2016 do you? Prices fell to $28 a barrel twice! Bankruptcies a tidal wave it was! But innovate the shale industry did. Get smarter drive costs down yes! Adapting they were. Like a Jedi using the Force to overcome obstacles. A lesson this is. Learn from the past we must. Or repeat it we will. No choice there is!

The Forecast is Grim!

Analysts say $65 a barrel needed to keep shale afloat. Goldman Sachs lower the forecast they did. $58 by 2025 and $51 by 2026. Hmmm worried should we be? A test of faith this is. But remember size matters not. Look at me. Judge me by my size do you? And well you should not!

A Former Shale Executive!

Wright a shale executive he once was. CEO of Liberty Energy he was. The Dark Side of the market affects his company too it seems. Shares down 46% a sign of the times. But remember clouding your vision emotions can! Detached he must remain. Focused he must be! Or fail he will. Pass on what you have learned. Strength loyalty compassion. They are your life.

OPEC vs. U.S.: A Collision Course?

OPEC+ increased production adding to the market. Prices fall further they did. Trump says "drill baby drill!" to keep prices down. But long term OPEC needs higher prices. A collision course? Secretary Wright says no. Long term vision he sees. Relationships built over decades. Alignment he claims. May the Force be with him. Hope there is. The last hope there is?