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Why Big Oil is Pivoting More to Shale

Jefferies Senior Equity Research Analyst Jason Gammel discusses the price of oil, the shift of capital to shale drilling and the growth of the Permian Basin.

Jefferies Senior Equity Research Analyst Jason Gammel discusses the price of oil, the shift of capital to shale drilling and the growth of the Permian Basin. He speaks with Bloomberg's Alix Steel on "Bloomberg Daybreak: Americas.”