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semi_infinite

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semi_infinite

Re: semi_infinite post# 22896

Wednesday, 10/14/2020 4:03:19 PM

Wednesday, October 14, 2020 4:03:19 PM

Post# of 30493
OXY - CEO thinks that Permian shale has peaked. Probably true if financial discipline stays which also implies oil price doesn't spike into irresistible levels or that gas flaring gets more attention if Biden gets elected. Either case is good for putting a floor under crude and ng prices.

https://www.bloomberg.com/news/articles/2020-10-14/u-s-oil-production-has-already-passed-its-peak-occidental-says
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