The collapse in prices this year had me thinking about this analysis from 2018. As capital budgets are cut back dramatically and refineries are shut, some permanently, we may be setting ourselves up for some sharp price increases once the Pandemic is behind us.
— Read on ourfiniteworld.com/2018/11/28/low-oil-prices-an-indication-of-major-problems-ahead/
Low Oil Prices: An Indication of Major Problems Ahead?
