{"id":429246,"date":"2026-01-22T05:05:14","date_gmt":"2026-01-22T05:05:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/429246\/"},"modified":"2026-01-22T05:05:14","modified_gmt":"2026-01-22T05:05:14","slug":"us-shale-production-set-to-plateau","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/429246\/","title":{"rendered":"US shale production set to plateau"},"content":{"rendered":"<p>A plateauing shale boom in the US is pushing domestic firms to seek opportunities in new markets such as Australia and Venezuela in a bid to boost crude production. <\/p>\n<p>Beginning in the early 2000s, hydraulic fracking helped make the US the world\u2019s biggest producer of oil and gas, reducing its dependence on imports. However, growth appears to be slowing: The US Energy Information Administration predicted output will flatten this year and fall in 2027. <\/p>\n<p>Though US President Donald Trump has vowed to <a href=\"https:\/\/www.npr.org\/2026\/01\/20\/nx-s1-5670378\/trump-energy-promises-one-year\" class=\"styles_linkEmbed__SNmaX\" rel=\"noopener nofollow\" target=\"_blank\">expand domestic capacity<\/a>, falling oil prices and rising costs mean producers will struggle to break even, while the logistical challenges for shale drillers operating abroad remain <a href=\"https:\/\/www.ft.com\/content\/97142bb8-cd79-4c61-bc96-286949a4164b\" class=\"styles_linkEmbed__SNmaX\" rel=\"noopener nofollow\" target=\"_blank\">substantial<\/a>.<\/p>\n<p><img src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/01\/9fa0b0317599000f6c0d0fddec91e70051c9e750-1066x974.jpg\" alt=\"A chart showing the share of global oil production from the US, Russia, and Saudi Arabia.\" width=\"800\" height=\"730\" decoding=\"async\" loading=\"lazy\" fetchpriority=\"high\" class=\"styles_imageEmbed__QsLwb styles_fullContentArea__zXct_\" style=\"color:transparent\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"A plateauing shale boom in the US is pushing domestic firms to seek opportunities in new markets such&hellip;\n","protected":false},"author":2,"featured_media":429247,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":{"0":"post-429246","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/429246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=429246"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/429246\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/429247"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=429246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=429246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=429246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}