[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Tracy Shuchart (𝒞𝒽𝒾 ) [@chigrl](/creator/twitter/chigrl) on x 322.1K followers Created: 2025-05-17 09:50:09 UTC U.S. Drillers Say Peak Shale Has Arrived -- WSJ Drillers that made the U.S. the world's top oil producer say they are hitting the brakes to weather a period of low crude prices and that the gusher has likely peaked. Some of the largest producers, including Diamondback Energy, recently told investors that they would be spending less this year and plan to drop rigs. The U.S. is on track to see crude oil production modestly increase in 2025 -- in part because of growth in fields offshore -- before declining next year by X% to XXXXX million barrels a day, according to S&P Global Commodity Insights. That would mark the first year-on-year decrease in roughly a decade, outside the Covid-19 pandemic. "We believe we are at a tipping point for U.S. oil production at current commodity prices," Travis Stice, chief executive of Permian driller Diamondback, said in a letter to shareholders last week. XXXXXX engagements  **Related Topics** [the worlds](/topic/the-worlds) [told](/topic/told) [coins energy](/topic/coins-energy) [wsj](/topic/wsj) [Post Link](https://x.com/chigrl/status/1923677410798575889)
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Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl on x 322.1K followers
Created: 2025-05-17 09:50:09 UTC
U.S. Drillers Say Peak Shale Has Arrived -- WSJ
Drillers that made the U.S. the world's top oil producer say they are hitting the brakes to weather a period of low crude prices and that the gusher has likely peaked. Some of the largest producers, including Diamondback Energy, recently told investors that they would be spending less this year and plan to drop rigs.
The U.S. is on track to see crude oil production modestly increase in 2025 -- in part because of growth in fields offshore -- before declining next year by X% to XXXXX million barrels a day, according to S&P Global Commodity Insights. That would mark the first year-on-year decrease in roughly a decade, outside the Covid-19 pandemic.
"We believe we are at a tipping point for U.S. oil production at current commodity prices," Travis Stice, chief executive of Permian driller Diamondback, said in a letter to shareholders last week.
XXXXXX engagements
Related Topics the worlds told coins energy wsj