US Energy Secretary: The Shale Boom Is Far From Over

The slowdown in the Permian production growth is likely to be just temporary, and the U.S. shale boom is unlikely to end soon, the new U.S. Secretary of Energy, Dan Brouillette, told Bloomberg in an interview on Tuesday.   U.S. oil production will continue to grow, despite the slowdown which is already evident across the shale patch, Brouillette said. Shale producers now can adapt to oil price volatility much better than in the past, thanks to technological improvements in drilling, said Brouillette, who was sworn in last week to replace Rick…