RE:RE:RE:RE:RE:RE:RE:I'd like to see WCP I do not see any signs of supply ramping up. In fact, the USA seems determined that supply does not ramp up. My thoughts have always been that Crew is in the goldilocks zone. Small enough to not attract serious attention, but big enough to be competitive on costs.
The world seems to seriously believe in net zero, That will be a-huge distraction for maybe even decades but the laws of physics and economics will continue to necessitate the use of petroleum. Even throughout the covid crisis petroleum demand dropped less than 10 %. Any system that relies on governmental subsidies or carbon taxes or coercion is sub-optimal . Sub optimal systems are generally more energy inefficient!!
robert41 wrote: Well said. My only fear is too high prices will eventually bring back shale, would like to see our boys increase production if necessary to help keep the shale boys from ramping up.