Swing Barrels Switch from U.S. Producers back to OPEC

U.S. oil producers have accounted for the swing barrels of crude oil over the past few years as increasing opportunities to generate fracking related barrels has increased.  The drop of WTI in 2016 below $30 per barrel reduced this opportunity significantly, pushing many oil producers to the sidelines and giving OPEC the opportunity to gain market share.  With a new administration that is favorable…