American shale oil production may have peaked. Diamondback Energy (FANG.US) CEO warns that the country's energy security may be at risk.

Zhtng cijng APP huxn, Diamondback Energy(FANG.US) shux zhxnggun Travis Stice bnzhu zhxn gdng chng, yuy jnq df xidi, migu lshng shyu chnling knng yjin dng, bng jing zi bn qd kish xi hu, zh bjng dngyo le migu zuwi qungu zud hush rnlio shngchn gu de dwi, y du gigu nngyun nqun guchng wixi. Zhitong Finance APP learned that Travis Stice, Chief Executive Officer of Diamondback Energy (FANG.US), wrote to shareholders this week that due to the recent significant drop in oil prices, U.S. onshore oil production may have peaked and will begin to decline this quarter. This not only threatens the United States' position as the world's largest fossil fuel producer, but also poses a threat to the country's energy security.