Shale Boom Is Slowing Just When the World Needs Oil Most

U.S. oil production grew less than 1% in early 2019 as operational issues weighed on shale companies

The U.S. has more than doubled its crude output over the last decade. Much of the growth is due to the Permian Basin of West Texas and New Mexico. WSJ traces the hotspot of North America’s crude oil boom, with a look at challenges that producers in the region face.

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