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re: US crude output to rise to record 12.76 million bpd in 2023
Posted on 8/11/23 at 11:10 am to cwill
Posted on 8/11/23 at 11:10 am to cwill
quote:
Democrats always lie about energy policy. They do it for the crazy green constituency.
of course they do
quote:
The shale basins are basically unconstrained by Feds. NM permian has some constraints on the permitting side, but that's the state.
The coming constraint is going to be the loss of tier 1 and 2 inventory in the basins. Shale is going to roll over in maybe the next 5 years and then we will see oil prices begin to rise significantly.
Deepwater GOM is popping again with these Oil Prices, even the shelf is relatively busy again
ebbs and flows
2
Posted on 8/11/23 at 11:14 am to supatigah
quote:
even the shelf is relatively busy again
What? All I see is significant boomerang P&A activity related to the Fieldwood and Cox bankruptcies. The shelf, IMV, is a dead man walking.
Posted on 8/11/23 at 11:35 am to supatigah
(no message)
This post was edited on 8/12/23 at 9:58 am
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