US Shale Shortages to Limit Efforts to Replace Banned Russian Oil
about 2 years in theepochtimes
HOUSTON—U.S. shale producers are unlikely to replace banned Russian oil imports due to a shortage of oilfield materials, equipment, and labor and a dwindling backlog of wells waiting to be completed, energy executives and analysts said on Tuesday. President Joe Biden imposed an immediate ban on Tuesday on Russian oil imports in retaliation for its […]