Bloomberg | Should OPEC And US Shale Collaborate For Survival? OilPrice.com First, OPEC believed it could challenge this emerging enemy by ramping up oil production in order to bankrupt shale drillers. However, to OPEC's surprise, events did not materialize as quickly as anticipated. Eventually, after a lag of 5-8 months ... Shale Surge Sent US Oil Production to Record High in November How Changes In Benchmark Crude Oil Prices Can Impact Exxon ... Oil drops on surprise US gasoline stocks build; crude stocks also up |