We will see much higher than now sir….Also, USA is about 3 months out from reaching 10,000,000 barrels of oil produced per day. USA is the largest supplier. Media is broadcasting emphasis on US oil already, Summer fuel blends slightly later due to long winter, Memorial day around the same timeline when us hits 10, mil barrels per day, and US will stop buying Arab Oil and start using their own reserves. ( last part is a theory ).
Whats not. US was around 9 million barrels a day in january. US now at 9,422,000 barrels as of 3/20
June or July, if trajectory continues will be a milestone in production and will make headlines. 10 mil per day….
Hopefully on the micro, we see some new land acquisitions or oil rigs from UAPC. They have plenty of tangible assets and plenty of cash$$$…no toxic debt
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