What we are seeing is almost a slow-motion train wreck. The crude in a pipeline can take a lot of time to reach its destination. The real world can completely transform faster than some oil could finish that trip. Then you have the issue of oil producers playing their own chess game to corner the market.
Useful links:
https://oilprice.com/Energy/Energy-General/Why-Is-So-Much-Oil-Still-Being-Produced-If-No-One-Wants-It.html
https://www.enverus.com
Discover P.J. Joseph's blog, your guide to colored gemstones, diamonds, watches, jewelry, art, design, luxury hotels, food, travel, and more. Based in South Asia, P.J. is a gemstone analyst, writer, and responsible foodie featured on Al Jazeera, BBC, CNN, and CNBC. Disclosure: All images are digitally created for educational and illustrative purposes. Portions of the blog were human-written and refined with AI to support educational goals.
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Showing posts with label Enverus. Show all posts
Showing posts with label Enverus. Show all posts
Monday, June 08, 2020
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