Financial Times | US shale becomes world's lowest-cost oil Financial Times US shale reserves are the lowest-cost option for future oil production and are likely to attract more investment than competing projects such as deepwater fields, according to a leading industry adviser. About 60 per cent of the oil production that is ... $60 oil poses no problem for 70% of future energy projects: Report Shale Drillers Adapting to Low Oil Prices, Report Finds |