OPEC’s plan will reduce global crude stocks and revive U.S. shale drilling, says EIA

Just imagine what will happen when crude goes back up to 100 USD. Impossible you say. I have heard this word many times over the last 15 years and my wildest predictions have looked very tame compared to what really came to pass. Shale is a ghost that has left the bottle. trying to tame it is like trying to get the toothpaste back into the tube.