“US Shale” is many plays, each play having sweet spots, so breakeven is a range, not a fixed number. Some areas still look okay at $30 but not many. US shale p

“US Shale” is many plays, each play having sweet spots, so breakeven is a range, not a fixed number. Some areas still look okay at $30 but not many. US shale producers have already started imploding, you can see it in the stock prices and the cessation of drilling.