U.S. oil producers could get $63 billion boost from high crude prices, analysis shows

TL;DR

U.S. shale oil producers could earn an additional $63 billion in sales due to soaring energy prices from the Iran war.
Free cash flow for U.S. producers could jump from $99 billion at $70/barrel to $162 billion at $100/barrel.
The Strait of Hormuz, through which 20% of global oil and gas passes, is effectively blocked following an attack.
High energy costs could lead to "demand destruction" as consumers reduce spending, potentially causing economic slowdown.
U.S. companies are hesitant to increase oil production due to strategic caution and the unpredictable duration of the Iran conflict.

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