Telegraph.co.uk | Oil slump may deepen as US shale fights Opec to a standstill Telegraph.co.uk One starts to glimpse the extraordinary possibility that the US oil industry could be the last one standing in a long and bitter price war for global market share, or may at least emerge as an energy superpower with greater political staying-power than ... Big Oil's Latest Fear: A Price Shock After Spending Cuts Shell, Exxon set the scene for future oil-price shock after $US114 billion cuts Oil Prices Won't Recover Anytime Soon Says Exxon CEO |