Harold Hamm Sounds the Alarm: Low Oil Prices Could Shut Down US Shale
OilPrice
MARCH 14, 2025
Shale titan Harold Hamm isnt mincing wordsif oil prices stay this low, drilling in some of Americas prized shale fields could grind to a halt. Speaking at CERAWeek in Houston, the Continental Resources founder warned that with oil hovering near $65 a barrel, many U.S. fields are already on shaky ground. When you get below the cost of supply, you cant drill, baby, drill, Hamm told Bloomberg.
Let's personalize your content