- Saudi Arabia: 10 million bopd
- Russia: 10 million bopd
- US: 9 million bopd (or 10 million bopd)
- Canada: 3 million bopd
- Bakken: 0.6 million bopd
- Saudi Arabia: 9 million bopd
- Russia: 9 million bopd
- US: 9 million bopd
- Canada: 0 million bopd
- Bakken: 0.7 million bopd
Do you really think it will go down to $60? As long as no middle east situations cause and effect. Jeremy
ReplyDeleteA "flash crash" is always possible. Didn't oil drop to the mid-40's in recent past? I forget, but "they" talk about oil's pullback to $38 or something like that in recent past.
DeleteI have learned to make no predictions about price of oil in the short term (over the next 12 months). It's long term trend is up.
Interesting. "flash crash" and "they". I understand, thanks again for the info and clairification. Go OKC! (from a lakers fan) Jeremy
ReplyDelete