What is the break-even cost for US shale producers according to the discussion?
U.S. Oil Output Continues to Decline

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Business, Social Studies
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University
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
$60 per barrel
$55 per barrel
$50 per barrel
$65 per barrel
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major financial challenge faced by shale oil producers?
High demand for oil
Increasing oil prices
Lack of skilled labor
Defaults and restructurings
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who controls the capital budgets of oil companies facing financial difficulties?
Bank groups
Oilfield service companies
Government agencies
Shareholders
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which recent event in Nigeria is affecting oil supply?
Oil spill
Niger Delta Avengers attacks
Economic sanctions
Political elections
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential consequence of geopolitical tensions in the oil market?
Increased oil production
Stable oil prices
Long-term production problems
Decreased demand for oil
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