HomeIndustriesEnergyOverproduction ‘Kills Companies’: ‘Drill, Baby, Drill’ an Empty Promise?

Overproduction ‘Kills Companies’: ‘Drill, Baby, Drill’ an Empty Promise?

David Allen says that despite Trump’s “Drill, Baby, Drill” energy mentality on the campaign trail, the industry knows that overproduction “kills companies.” He discusses production in the Permian Basin, which he expects to plateau in the next few years and have major impact on oil prices, and what moves OPEC+ might make.

The Watch List

17 Dec 2024

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