Six Oil Stocks To Survive The Shale Bust

The shale oil boom that has captivated the imagination of the energy universe is showing unmistakable signs of serious malaise. U.S. oil production has been increasing, but at a slower rate compared to last year. U.S. oil production growth increased by less than 1% during the first six months of the year, compared to 7% growth for the same period last year, according to WSJ’s interpretation of Energy Department data. Oil prices have stubbornly remained stuck within a narrow trading range amid lackluster demand, bankruptcies and layoffs are up and…