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Msg  466535 of 479659  at  11/29/2022 7:57:16 PM  by

old_doodle_bugger


 In response to msg 466525 by  Riskyinvestor
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Re: Noise

RE: "The world will add 1+ million barrels of consumption annually, on average, over the next 10 years. Where is it going to come from? Not the US. The US will likely tap out at 13 million production. OPEC+ will have to provide the bulk."
 
An awful amount of OPEC production is coming from aged declining oil fields; some of which are older than the oldest person reading this.
I am not sure where the World's needs will come from in 10 years. 


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