OILX - Abrupt Reversal Of Shale Oil's Fortunes Points To A Radical Reset Of Oil Prices

Last Tuesday, the Energy Information Administration ((EIA)) predicted that shale oil production in February will hit an all-time record.

One thing it didn't mention:

I left out the predictions for January and February, and the latest actual is December.

Yes, shale oil output is growing. But the rate of growth more than halved in a year. The last time growth dropped anywhere near that fast was in 2015.

Something changed, and there is no sign that whatever did change is going away.

What changed?

Well, a week ago, WorldOil reported that Halliburton (HAL) and

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