David Wethe

(Bloomberg) -- Diamondback Energy Inc., the largest independent oil and gas producer in the Permian Basin, warned that the US shale industry may be growing to its own detriment again.Most Read from BloombergParis Restricts Through Traffic in City CenterFrom Housing to Immigration, Key Ballot Initiatives and Local Races to FollowIstanbul Tries Free Public Transit to Help Job SeekersIn Warsaw, Falling Road Deaths Signal a Traffic Safety TurnaroundThe company is planning to hold its own output grow

(Bloomberg) -- A major US oil industry lobbying group is pushing for President-elect Donald Trump and the Republican-controlled Congress to boost

President-elect Donald Trump’s vows to “frack, frack, frack” are about to collide with a global crude glut that’s set to, finally, temper record shale production.

Occidental Petroleum Corp. warned that US energy independence is at risk of slipping away if shale output plateaus and begins to decline.

(Bloomberg) – Occidental Petroleum Corp. warned that U.S. energy independence is at risk of slipping away if shale output plateaus and begins to decline.

Chris Wright has championed fossil fuels as a moral good and characterized climate change as modest

Banks are gearing up for US oil prices to fall below $60 a barrel by the middle of President-elect Donald Trump's new term in office, according to a survey from law firm Haynes Boone LLP

Energy CEO Who Drank Fracking Fluid Is Now Trump's Oil Evangelist Ari Natter, David Wethe and Kevin Crowley 8 min read

Executives at US shale companies plan to increase spending this year despite giving a lower view on oil prices in the latest energy survey from the Federal Reserve Bank of Dallas.

Shale bosses in the US Great Plains and Rocky Mountains are raising the natural gas price threshold they need to reap profits and substantially boost drilling for the heating and power plant fuel.