@andersostlund highly unlikely. US shale producers became swing producers.
-
-
-
@Beard1976 Yes but with failing investments there will be time period for supply to catch up when demand increase and/or when wells run dry. -
@andersostlund my understanding is that shale can ramp up and down quicker than regular wells -
@Beard1976 I agree but there will most likely be a time gap anyway. Just like when shale increased production in the first place.
End of conversation
New conversation -
-
-
@andersostlund not a chance. I'd say at most it would get to 130. Even that would require a major war. Doubt it goes above 75 within year -
@lldzne I wasn't thinking one or two years ahead but maybe five to ten years ahead. -
@andersostlund@lldzne a year ago, no one predicted oil at $30. But you're ok confidently predicting the price of oil 10yrs from now??! -
@ThomasWitheford@lldzne I was using the word "maybe". Clear is that if no investments take place the eventual price spike will be sharp. -
@andersostlund@lldzne almost impossible to predict. US Shale may continue to blossom. As for next 10yrs, we may even have nuclear fusion!
End of conversation
New conversation -
-
-
@andersostlund Putin wet dream does not fit with the divergent supply of producers and the flexibility of delivery 100 oil is a unicornThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@andersostlund IN my humbe opinion, looking at charts, it will not get above 80$ in 4 years at leastThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.
