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U.S. shale economics

U.S. shale economics set breakeven prices that limit how much domestic producers can expand in response to lower prices

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Jan 31, 2026
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Barrels of oil produced in us per day

is producing at near-record levels: EIA data show a July 2025 peak of about 13.6 million barrels per day (b/d), and the agency’s forecasts put average U.S. crude production roughly between 13.3 and 13...