Shale Gas Market: Global Industry Analysis and Forecast (2023-2029)

Due to the volatility of crude oil and natural gas prices, Break-Even (BE) prices for fracking operations, financial and technical limitations within the industry, development of the global hydrocarbon demand, political and regulatory factors in the US, and environmental and societal sustainability, US shale oil and gas demand decreased, prices fell, and bankruptcies were announced at unusually high rates.