Bad news for Opec as US shale drillers gear up for $84bn spree

Precision Drilling oil rig operators install a bit guide on the floor of a Royal Dutch Shell Plc oil rig near Mentone, Texas. Photographer: Matthew Busch/Bloomberg
Precision Drilling oil rig operators install a bit guide on the floor of a Royal Dutch Shell Plc oil rig near Mentone, Texas. Photographer: Matthew Busch/Bloomberg

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