Shale Revives Deal-Making Agenda After Trump Changes Course
Drillers are ramping up consolidation as the new administration changes US policy toward fossil fuels.
A Diamondback Energy Inc. oil field in Midland, Texas. The Permian Basin is seeing more deals amid the Trump administration’s aggressive support for fossil fuels.
Photographer: Callaghan O'Hare/BloombergThis article is for subscribers only.
Welcome to our guide to the commodities powering the economy. Today, reporter David Wethe examines how the shale industry is responding to the Trump administration’s enthusiasm for fossil fuels.
Appetite for deals in the US shale patch is ramping up during President Donald Trump’s first month in office as producers try to lock down the last remaining high-quality acreage.