Sentences with phrase «shale economic viability»

Not exact matches

Even if other production comes on line, e.g. from unconventional sources such as tar sands in Alberta or shale in the American West, their relatively high cost of production could permit low - cost producers, particularly Saudi Arabia, to increase production, drop prices for a time, and undermine the economic viability of the higher - cost competitors, as occurred in the mid-1980's.