Labor Shortage Limiting Oil Output: Expert

Don Ma
By Don Ma
June 29, 2022NTD Business
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U.S. shale oil producers are returning to existing wells to try to boost oil supply in the United States. Re-fracking old wells can give a quick increase in output with smaller an investment than a new well.

NTD spoke with Tom McNulty, president of TJ McNulty and Company, an energy industry consultancy, about the U.S. oil industry.

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