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re: Total Amount of People That Work in Oil and Gas
Posted on 10/23/20 at 8:06 pm to Rekrul
Posted on 10/23/20 at 8:06 pm to Rekrul
quote:
Traditional O&G production is going nowhere but upwards in the future, as it should
It’s down to 11mmbo/d. We’re in a low demand cycle and at 13mmbo/d the price was cratering before COVID. We’re not going back, considering a significant chunk of that prod was uneconomic. People were losing their asses - see bks through 2015-date.
1
Posted on 10/23/20 at 8:12 pm to cwill
Your contrarian arse annoys me when it it come our president, but there is not a better poster on oil and gas. Keep the cornucopians in check.
When do you think this levels off?
When do you think this levels off?
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