FT Energy Source

Big deals in US shale may not mean boom times are back

High energy prices have generated bumper profits for fossil fuel supermajors, and some are spending big to acquire significant producers in US shale. But as the FT’s Jamie Smyth reports, this may not mean a return to the boom times for the industry, especially in the American Midwest.


Energy Source is FT's trusted destination on essential news, forward-thinking analysis and insider intelligence around the world's most indispensable business. The channel combines independent reporting by FT journalists with expert insights from global electricity group Iberdrola.

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FT Energy Source

FT Channels, a partnership destination that combines impactful and enriching multimedia content to spark curiosity and encourage discovery. Each vertical brings expert insights from the Financial Times and our Partners into the most pressing issues of our time.


Energy Source is FT's trusted destination on essential news, forward-thinking analysis and insider intelligence around the world's most indispensable business. The channel combines independent reporting by FT journalists with expert insights from global electricity group Iberdrola.