Who is chevron lol. As much as I respect many peoples opinions and views I don't see how a slowing / No growth economy can sustain high inflation / commodities. Here is the deal. Drop rates to zero again, print trillions ( QE / devalue money ) and wash rinse and repeat. The whole world economy needs a good scrubbing. They never let the market correct in 2007-2009 and printed trillions destroying the purchasing power for many people. If you want oil to go back up to 120.00-150 or 200 best you get the good hand of Jeszu to give us all a blessing. We don't need 150.00 oil . What we need is a balance market. If companies can generate good profits at 80.00 why on earth are people asking for 200.00 oil prices. Maybe the ones asking need to go to same lake as no money to find rock lol. Let's be somewhat responsible here. There is a reason why investment in the sector jumped ship back in 2015. Yes short falls this lack of investment that but it isn't a mistake. Something or entity is looking for a new direction but at the same time I ain't seeing the progress they wishing for. Btw anyone seen that young lady preaching dirty oil. Wow what a world we live in.
always just my humble opinion