Global oil supply to fall 6% by 2030 due to delayed projects

And there will be more blood. Get used to it – its the tune by which we will run our lives for a little while but no matter how long it lasts, one thing is certain: the market will come back, demand will come back, growth will come again. One way or another. And when it does, the world will need more oil. It will need it really fast. Conventional oil projects take many years, often decades to develop. Shale is much faster. So shale will come back faster than all others. Which means, shale has better growth prospects than almost all else.

Linkedin Thread