Line graph showing US rig count trends by type from 2000 to 2022.

Trisha Curtis on the recovery of US shale production: “When you think of a swing producer, you think of OPEC and you think of spare capacity that can be turned on and off.  U.S. oil can respond, but the response is going to be messy, it’s going to be jagged and it’s not going to happen overnight.”

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Geopolitics and Energy SecurityNorth American Shale and Tight OilOPEC and Global Oil MarketsPetroleum and Natural Gas