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Charting a path forward for the US oil sector as productivity rises

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Listen: Charting a path forward for the US oil sector as productivity rises

The US is producing more than twice the oil it was a decade ago, with about a third of the workers needed to do so, according to Jamie Webster, a senior director at the BCG Center for Energy Impact.

On this week's Capitol Crude, Webster, also a fellow at Columbia University's Center on Global Energy Policy, talks with Brian Scheid about the path forward for US oil output, the ways a more efficient US oil sector responds to price volatility, and the next shale play to watch.

Webster also talks about one forecast which sees US shale oil production climbing above 30 million b/d.