Key background on how Permian reserves have been over-estimated
Archived copies of the article: archive.today ghostarchive.org
There is no reason to believe that rig counts will rise in the near term.
Key background on how Permian reserves have been over-estimated
Archived copies of the article: archive.today ghostarchive.org
There is no reason to believe that rig counts will rise in the near term.
Good in the sense that reduced production will lead to marginally lower emissions, but bad in terms of price at the pump.
Seems this will help continue the trend towards micromobility and EV’s. Near and far it seems people are really learning to depend on e-bikes, for instance.