
Shale Oil Drillers to Write Down 40% of Oil Reserves
The U.S. shale oil industry is about to write down up to 40 percent of its oil reserves, despite America now having about two trillion barrels of recoverable oil resources.

The U.S. shale oil industry is about to write down up to 40 percent of its oil reserves, despite America now having about two trillion barrels of recoverable oil resources.