Shale Producers Prioritize Profit Over Growth

The US presidential election is looming, but the shale oil industry is unlikely to be significantly impacted by the outcome, according to a new analysis by Rystad Energy. Despite the rhetoric and policy platforms from the two candidates, Vice President Kamala Harris and former President Donald Trump, the tight oil sector is expected to continue its steady growth, driven more by market forces and company strategy than by government policy. The industry's focus on profitability and shareholder returns, rather than chasing production growth, means…