The U.S. shale industry appeared to respond very nimbly to the OPEC/Russia export limitation agreement announced last December 1, and the rise in prices that event produced. But it would not likely respond nearly so nimbly to a significant crude price increase during the 2nd half of 2017.
from Forbes Real Time http://www.forbes.com/sites/davidblackmon/2017/07/05/u-s-shale-industry-is-nimble-except-when-it-isnt/
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