Monday, April 20, 2020

Seeking Alpha - Oil: Winter Is Coming In The Shale Patch

Summary

  • We reconfirm the business case for oil in an energy hungry world.
  • We venture a guess about the lasting impact of the coronavirus on people's behavior.
  • Document the further and accelerating decline of shale.
  • Forecast where the money being taken out of shale may eventually go to shore up flagging oil production.
  • We highlight a section of the energy market we are keeping a close eye on for entry points.

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