OPTIMAL TIMING
CURENT AND FORECASTED COMMODITY PRICES RELATIVE TO LEASING AND DRILLING AND COMPLETION COSTS (COST-RISK TO BENEFIT RATIOS) ARE VERY ATTRACTIVE.
“OIL AND COPPER ARE THE BEST HEDGES AGAINST INFLATION, NOT GOLD,” JEFF CURRIE, GLOBAL HEAD OF COMMODITIES AT GOLDMAN SACHS, RECENTLY TOLD BLOOMBERG.
PENT-UP DEMAND HAS EXPLODED POST COVID. GASOLINE HAS REACHED AN ALL TIME HIGH BUT DEMAND REMAINS ROBUST. RIG COUNT DROPPING FAST.
Baker Hughes: Permian leads rig count lower with 7-rig loss (mrt.com)
lafa_sct_sum.pdf (state.la.us)
LondonCNN Business —
The United States is now the world’s leading exporter of liquefied natural gas as Europe’s energy crisis and shortages in China send demand for American shipments soaring.