Thread: Whither Oil?
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Join Date: May 2017
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I think the hungry shale producers are going to be able to grow enough to meet demans. It will be a race between expanding US production meeting increased demand.

People will damn sure get out and about this summer after being locked up for a year. Also, how many work at home folks will continue to do so? And the EV explosion of new vehicles is going to really grow with every manufacturer having new offerings so that will take a little bit out of demand.

My guess is that we won't see any big price hike moving forward.
Old 05-19-2021, 04:06 PM
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