Oil at $75 means patches of Texas shale turn unprofitable

NEW YORK (Bloomberg) -- With crude at $75/bbl, the price Goldman Sachs Group Inc. says will be the average in the first three months of next year, 19 U.S. shale regions are no longer profitable, according to data compiled by Bloomberg New Energy Finance.


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Oil at $75 means patches of Texas shale turn unprofitable Oil at $75 means patches of Texas shale turn unprofitable Reviewed by Crude Oil Facilitators on 18:06 Rating: 5

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