CNNMoney | Sorry, OPEC: U.S. oil production at 43-year high CNNMoney But shale oil producers have held up far better than many feared. "The U.S. oil industry has demonstrated remarkable resilience," said Jason Bordoff, a professor at Columbia University and a former energy adviser to President Obama. The shale oil ... US shale producers poised to raise output if oil hits $40 a barrel Oil Finds Some Support As U.S. Output Falls Texas shows decrease in oil production |