Little fanfare, but Gulf of Mexico oil still growing steadily

Little fanfare, but Gulf of Mexico oil still growing steadily

May 5, 2017
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By hellenicshippingnews. As rapid growth in U.S. shale production grabs headlines and threatens to upend attempts by OPEC to balance oil markets, a more unsung sector of the U.S. industry is also hitting new output highs – the offshore Gulf of Mexico. While attention and investment is focused on shale, the Gulf is the among the most … Read full story ›

Source:: Hellenic shipping news Oil