Bloomberg | Oil Below $60 Tests Economics of U.S. Shale Boom Bloomberg Oil's biggest bust since the global recession was good for a few cases of whiplash. Just two months ago, Continental Resources Inc. (CLR), the shale driller founded by billionaire Harold Hamm, budgeted for $80-a-barrel oil and planned to spend $4.6 ... American Oil Companies Have Sent a Hint That They Think Gas Prices Will Remain Low Revamped oil hedges may test OPEC's patience Revamped US oil hedges may test Opec's patience |