https://www.cnbc.com/2025/09/25/shale-oil-execs-say-trump-policies-are-hurting-investment-business-is-broken.htmlRemember when U.S. energy independence was a priority and talking point? And much of that was due to the shale boom?
"Shale oil executives say President Donald Trump is hurting investment in the oil patch, and are giving a grim outlook for the future of the industry that turned the U.S. into the largest crude producer in the world.
But Trump’s push for lower crude prices, higher tariffs, and the resulting uncertainty caused by his “stroke of pen” policies are hurting investment, executives at independent oil and gas producers told the Dallas Fed.
Nearly 80% of executives who participated in the survey said they have delayed investment decisions in response to heightened uncertainty about the future price of oil and the cost of producing crude.“We have begun the twilight of shale,” one executive said, pointing to layoffs by the thousands and industry consolidation under big companies like Exxon Mobil. “The writing is on the wall,” the unnamed manager said.