CNBC | Shale oil players are cutting spending on drilling, and investors could reward them CNBC Shale oil drillers have seen the writing on the wall, and it says: "Slow down." As the energy sector begins reporting earnings, independent oil companies are announcing plans to throttle back spending this year after a price rally stalled in the second ... What a constant stream of oil company spending cuts means for crude prices Oil Companies Trim Drilling Budgets in Sign of Rising Caution |