IMPORTANT ENERGY & LNG UPDATE NOV 6th: EIA Reports Rapid Shale Oil Decline Rates As Europe Races To Fill Below Average Natgas Inventories
You know there is trouble brewing in the U.S. Shale Industry, with the U.S. EIA (Energy Information Administration) reporting “Rapid Decline Rates” in shale oil and gas wells. Also, it seems that Europe is now “Racing” to increase its natgas inventories before the big withdrawals begin as winter hits…