---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000225009.md"
description: "The global oil and gas industry is sliding into a prolonged downturn.Projects are being canceled, jobs slashed, and spending frozen.At this rate, U.S. shale will soon be too costly to survive at today’s oil prices.(a thread)Source: StockMarket.News"
datetime: "2025-09-09T20:55:05.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000225009.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000225009.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000225009.md)
author: "[StockMarket.News](https://longbridge.com/en/profiles/21806507.md)"
generator: "portal-rs"
---

# The global oil and gas industry is sliding into a …


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**