Permian Enters Uncharted Waters in Better Shape than Most Regions

The oil and gas industries are still longterm plays. Yes, I know there is an obscene amount of virtue signaling and political hoodwinking those days even in O&G but in the end, short-term developments such as COVID are mere blips in the grand scheme of things. Admitted, COVID is one big damn blip but a blip it is. And the smart ones among us must work now to be ready when the market comes back. After every crisis, there is a feeling of gloom but let’s face it, every succeeding market was quite a bit bigger than the one that died before it.

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