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0 pointsalecco3d ago0 comments

At these higher prices you can safely bet other producers are drilling new wells, adding more infrastructure, and upgrading refineries.

0 comments

That’s not going to replace the sheer volume of the Middle East.

aleccoOP3d ago

Yes it can. It's only 20%. The difference is ME is very cheap to extract relative to other places like shale.

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0 pointsalecco3d ago0 comments

At these higher prices you can safely bet other producers are drilling new wells, adding more infrastructure, and upgrading refineries.

That’s not going to replace the sheer volume of the Middle East.

aleccoOP3d ago

Yes it can. It's only 20%. The difference is ME is very cheap to extract relative to other places like shale.

j / k navigate · click thread line to collapse