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We Better Start Getting Some 10 Million Barrel Drawdowns In Oil

Published 06/03/2016, 12:53 AM
Updated 07/09/2023, 06:31 AM
GPR
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Gasoline demand is good, but Distillate demand not so much on a year over year basis, and per-well costs are down 25% to 30% from 2012 high levels for upstream costs for onshore plays. The Real Question is when do the Sharks start front running the end of the Summer Driving Season?

Below you find the video

US Distillate Stocks Million Barrels
US Gasoline Stocks

US Crude Oil Stocks

Figure 2. Capital Costs In Key Shale Plays

Costs Per Well 2014 Parameters

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