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Message
re: Oil prices could climb; 2024 US production growth outlook halved by RBC Capital
Posted on 3/6/24 at 12:50 pm to ragincajun03
Posted on 3/6/24 at 12:50 pm to ragincajun03
quote:
It's not that we're saying … US production is not going to grow,"
Production will grow. Just not grow as much as last year.
quote:
The same also applies to major oil producers like Guyana, who may not be able to replicate their monster oil boom in 2023.
I don’t agree with this at all.
2
Posted on 3/6/24 at 1:31 pm to kciDAtaE
quote:
I don’t agree with this at all.
What if operators don’t want to drill and produce until the border dispute is settled?
Posted on 3/6/24 at 2:18 pm to kciDAtaE
quote:
I don’t agree with this at all.
Its clickbait. Technically it's correct as the next FPSO wont arrive until 2025 and one just started producing in 2023, so of course 2024 will be a "down" year. Typical nonsense spin.
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