OPEC sees rivals’ oil output rising as it over-delivers on cuts: If OPEC continues to over-deliver cuts, US shale oil will continue to increase apace.

Thought Piece [The shale oil development of the lower the 48 states will continue apace and the new Alaskan shale oil discoveries will begin in earnest, when OPEC tries to reduce production more. Unsurprisingly, most monopolies and hegemonies end with a sigh of future pain by those previously in power and a sigh of relief by those who [...]

By | 2017-04-17T21:11:11+00:00 April 16th, 2017|Categories: Energy, Thought Piece|Tags: , |0 Comments