Credit: MY21 Photography. FLFBS.
We spotted an article by a Bloomberg opinion columnist that says American shale energy is in a "midlife crisis." The article pictures Big Oil (companies like Exxon and ConocoPhillips) as riding in on Harley Davidson motorcycles to save shale. It's something of a twisted and mixed metaphor (old guys with money in a midlife crisis ride Harleys), but humorous nonetheless. The larger point of the article, which IS worth pondering, is whether or not the era of independent shale drillers is drawing to a close. The author offers evidence and analysis that such is the case--or should be.
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