RE:US O&G - The ultimate EIA dilemmaIts the usual "crop of feces" peddled by the msm , ie: Mike McGloom said again today "they will just drill more and produce more" without considering pipeline capacity or hostile government policy . Just like Hunter Biden's laptop , ignore the truth and broadcast the myth , today was a media generated selloff (if you can even call it that). Well the chickens are coming home to roost and democrates will be wiped out in November because of left wing inflation , defund the police and $5 gas .
Mask mandates have been struck down in court because A - it was wrong & B - people are sick of "big brother" . cnn/msnbc/cnbc and wannabe's like cbc/ctv have outright lied regarding everything that might be construed as detrimental to the "say gay or be cancelled" left . $150 to $190 WTI come driving season will topple this house of cards while FCF goes through the roof and that day is coming !!!!
You can fool some of the people some of the time but you can't fool everyone all of the time . Buckle up cuz its "GAME ON" !!!!!
BayStreetWolfTO wrote: How in the world with production not increasing do you TRIPLE the wells drilled in the next 2-3 years?
Not to mention those remaining DUCS's are poor quality...
JD to your point I think
this was badly missed on the CNBC segment....there is NO way US is getting to 13m any time soon. Pretty soon all those people will be wondering why the EIA was soooooo wrong.....just like the IEA has been written off...
Chart tells the story