RE:Eric Nuttall on CNBC Kadiddelhopper wrote: Eric interviewed on the dynamic CNBC
on ENERGY
a 4 minute vid
https://www.cnbc.com/video/2022/04/18/nuttall-were-in-a-post-us-shale-oil-hyper-growth-world.html?&qsearchterm=Eric%20Nuttall
I listened to this interview twice and I'm not impressed with it. Good for Nuttall getting on American TV but the interviewer implied we're growing here in the US but it's OPEC that's not growing. He referenced the EIA calling for 13m a day next year and I don't think that Eric addressed that as clearly as he should. Nuttall did mention supply shortages in labour and steel constraining growth, what he didn't say was that that those supply shortages are most likely going to result in the US not hitting the production growth that the EIA is calling for.
This was a typical American heading the sand "it's everybody else, not us" interview and I suppose that's great for us as investors, but I would have rather seen that statement challenged more forcefully