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Boom and bust in US oil | FT Business Notebook

2019-03-08 15 Dailymotion

► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Technological advances in the US have made it possible to extract oil at commercially viable rates from rocks that were previously inaccessible, unleashing a surge in production. But the industry has been a victim of its own success: oversupply has sent crude prices tumbling from their peak of over $100 per barrel last summer. The FT's Ed Crooks looks at how the oil industry of North Dakota is adjusting to be able to survive lower prices.<br /><br />► FT Business: http://bit.ly/1KUK08s<br /><br />► FT Technology News: http://bit.ly/1LNlR4g<br /><br />► Technology for the next decade http://bit.ly/1SCJ7FQ<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes

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