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Have we passed ‘peak growth’ for tight oil?

From woodmac.com

Has US oil production growth hit the buffers? Supply has boomed over the last decade, disrupting the market, domestically and internationally. But weak commodity markets and corporate strategies are now taking their toll, undermining the expected growth path in the near term. I spoke with our North American market expert, John Coleman, principal analyst, crude supply and infrastructure, to get his perspective. The big question is: have we passed ‘peak growth’ for US tight oil? Our forecasts suggest we have. And pipeline developers (and their financiers) who’ve done so well out of the boom are increasingly concerned ... (full story)

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  • Category: Fundamental Analysis