Revi wrote:Losing 5 % of the world's oil supply for a month combined with slowing fracked oil in the US has taken a lot out of the system. Will next year's oil supply be able to top 2019? Have we hit the peak? What do you think?
https://www.houstonchronicle.com/busine ... 090615.php
Another major attack could well usher in the "Peak Oil" point, which could be due to political (military) factors rather than geological factors.
Revi wrote:it's strange how it hasn't affected even the price of oil this week. Maybe we aren't anywhere near peak...
Revi wrote:Something's happening. Anyone know what's going on today? I know there has been a lot of saber rattling, but what else has affected the markets?
Revi wrote:Losing 5 % of the world's oil supply for a month combined with slowing fracked oil in the US has taken a lot out of the system. Will next year's oil supply be able to top 2019? Have we hit the peak? What do you think?
https://www.houstonchronicle.com/busine ... 090615.php
EdwinSm wrote:What I could read (before the pay wall), was that Shale is still growing, but at 1% instead of the previous 7%.
Is 1% growth from Shale able to counter the declines elsewhere?
Users browsing this forum: No registered users and 29 guests