RE:RE:RE:RE:RE:RE:WTI $95 tomorrow?Indeed gents. Shows how desperate the administration is by lifting sanctions on VZ hoping for some heavy to replace the Mexican imports that will drop off as they need to feed their new refinery.
Don't believe the majors will seriously invest there anymore with aged infrastructure, when you have so many better opportunities to acquire producers in stable jurisdictions (like Exxon just did).
They looked the other way on the Trump Iran sanctions and allowed them to grow back production full throttle and we see how that is working out in the region.
So many unforced erorrs concerning energy decisions from the day1 cancelletion of KXL, the massive depletion of the SPR and so on and so forth. Totally incompetant.