CNBC | US shale oil output projected to rise by more than 100000 barrels a day for a fourth straight month CNBC The department's U.S. Energy Information Administration on Monday projected crude oil output will rise by 127,000 barrels a day next month in several of the nation's shale basins, where producers use advanced drilling methods like hydraulic fracturing ... A Discount For Oil Investors Oil sands saw major reserve writedown in 2016 after oil price drop: EIA |