Strong bullish sentiment! After small Mo, the United States shale oil giant also warned: oil prices or rise to $150
我放心你带套猛
发表于 2023-9-26 12:07:34
166
0
0
Doug Lawler, chief executive officer of Continental Resources, said in an interview with the media that crude oil production in the Permian Basin will peak one day, just as it has in shale fields such as the Bakken region of North Dakota and the Eagle Ford of Texas. He said without new drilling, "oil prices will be $120-150" .
"It's going to send shockwaves through the system," he said on the sidelines of the U.S. Energy Security Summit in Oklahoma City. Without a policy to encourage new drilling, "you're going to see more [upward] pressure on prices."
Now, shale executives are calling on the Biden administration to create a coherent policy that would allow them to drill more. Failure to do so, they warn, will lead to tight energy supplies and higher prices.
However, the ceos also pointed out that they will not significantly increase crude oil production as oil prices approach the $100 mark.
International oil prices have risen more than 10 per cent this year. U.S. benchmark crude futures are currently near $90, while Brent crude futures are currently hovering around $92.
After hitting an all-time high in July, oil production from U.S. shale fields is shrinking, and government analysts expect it to fall for a third straight month in October.
Speaking at the same summit, Chevron CEO Mike Wirth said U.S. energy policy is hampering oil production .
"I hear we're back to record levels of production. If there were better policies, production would be higher." "He said.
Growing calls for $150 oil
The Continental Resources CEO isn't the only one predicting $150 oil prices.
Christyan Malek, jpmorgan's global head of energy strategy, also warned recently that Brent crude could extend its rally to $150 a barrel by 2026.
Malek explained that there are several factors behind his warning of $150 oil, including production capacity shocks, energy supercycles, and a push to move the world further away from fossil fuels.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Big news in the AI industry! ChatGPT's father sets global AI infrastructure plan: spending billions of dollars in the United States first
- The US presidential election is in a white hot state: it's hard to say who will lose or win. The key lies in Hart's first debate!
- Has Trump's attempted assassination and political violence become the 'new normal' in the United States?
- BeiGene PD-1 is priced 20 times higher in the United States than in China, and innovative drugs have to go overseas to make money
- A century old battle between Chicago Stock Exchange and Trump's close friends over the US treasury bond bond market
- Musk claims that only two car companies in the United States have not gone bankrupt, and the future of the American version of "NIO" is worrying
- 49 people in the United States fell ill and 1 person died from consuming a McDonald's burger
- Foreign media: 49 people in the United States fell ill and 1 person died from eating a McDonald's burger
- The world is holding its breath in anticipation of the US election: 'Trump 2.0' is troubling economic leaders around the world!
- What major changes will the US technology industry face as the Trump 2.0 era approaches?
-
2024年11月7日,由新华社新闻信息中心、新华社上海分社、新华社品牌工作办公室主办的“品牌·让世界更美好”中外品牌论坛在上海举办。此次论坛,理想汽车荣获“通用ESG企业评价规范”年度最佳品牌奖。理想汽车将 ...
- cool88817
- 昨天 19:20
- 支持
- 反对
- 回复
- 收藏
-
【别跟我提特朗普!鲍威尔发布会:无需过度解读措辞改变 民众“不觉得经济好”没错】北京时间周五凌晨3点30分,美联储主席鲍威尔举行新闻发布会,就继续降息25个基点的决定和市场热点话题回答全球媒体提问。鲍威尔在 ...
- anhao007
- 昨天 22:48
- 支持
- 反对
- 回复
- 收藏
-
何思文表示,“在进博会这个平台上,我们开启的是倾听模式,通过进博会展出各类产品,收集消费者的需求和反馈,进而帮助决定未来进口到中国的产品。过去,汽车行业的许多创新源于美国加州或欧洲。我相信,中国正 ...
- MaxLucky
- 昨天 12:44
- 支持
- 反对
- 回复
- 收藏
-
11月5日至10日,第七届中国国际进口博览会(下称“进博会”)在国家会展中心(上海)举办。在进博会期间,平安健康医疗科技有限公司(下称“平安健康”)与美敦力(上海)管理有限公司(下称“美敦力”)达成战 ...
- Hidden2
- 3 天前
- 支持
- 反对
- 回复
- 收藏