CBC.ca | US shale producers poised to raise output if oil hits $40 a barrel CBC.ca For leading U.S. shale oil producers, $40 is the new $70. Less than a year ago major shale firms were saying they needed oil above $60 a barrel to produce more; now some say they will settle for far less in deciding whether to crank up output after the ... In slump, oil firms turn to labs, data centers for help US shale's message for OPEC: Above $40, we are coming back The Break Even Cost For Shale Oil |