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Strategies & Market Trends : TRIPLE TRADES

OPEN 7.035

-3.3%

Jan 12 3:59 PM EST

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To: Bull RidaH who wrote (1678)	10/4/2021 11:45:43 AM
From: robert b furman	Read Replies (1) of 4446

Hi Bull and Tweets, A good but long read on Non-OPEC+ and OPEC+ ability to increase supply as demand continues to grow. It discusses the ESG's impact on increased CAPEX for all of the supers. I think it is off on CVX and XOM's ability to increase production - especially XOM (who have Guyana and Brazil as current long term projects. It appears that these two low debt Supers have the only capability to actually in crease NON-OPEC+ production (Permian and now Conoco after buying Shells Permian acreage) and ultra deep water projects in South America. f.hubspotusercontent40.net Enjoy. I think it is a long safe run up to at least $100.00 crude. Well into 2022 at a minimum. JMHO Bob

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