Shale Oil Drilling Growth Primed to Restart in 2026, Citi Says
Original Report
Higher oil prices driven up by the conflict in the Middle East stand to push some of America’s biggest shale producers to start adding drilling rigs in the second half of this year and more than...
Higher oil prices driven up by the conflict in the Middle East stand to push some of America’s biggest shale producers to start adding drilling rigs in the second half of this year and more than 100,000 barrels per day of increased output by 2027, according to Citigroup Inc.
Glass House Analysis
Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.
Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Dow tumbles 500 points, enters correction territory as Trump's Iran extension fails to soothe markets: Live updates
Wall Street is coming off a losing session in which higher oil prices and spiking Treasury yields weighed on equities.
How to make Roth IRAs work for you at any age
From a teen’s first summer job to preparing your accounts for your heirs, you need a smart investment strategy.
Iran-linked hackers breach Kash Patel's personal email, publish excerpts online
Iran-linked hackers publicly claimed the breach of FBI Director Kash Patel's personal inbox, publishing photographs of the director and other documents.