Energy: A New World Order If you read one article this weekend, read this.
A fantastic read and analysis on the new energy situation we now face going forward.
Starved of capital, resources, and expertise, Russian production will struggle to grow and is likely to settle into terminal decline.
Gone will be ambitions to eclipse all other OPEC+ members as the global oil producer. Best to dial down expectations. Think Venezuela, not Saudi Arabia.
https://viscosityredux.substack.com/p/the-week-that-everything-changed?utm_source=twitter&s=r