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2020 Energy Outlook

2020 Energy Outlook

2019 ushered in the beginning of fundamental change in the global energy markets. While the US will continue to be the primary global producer on the “margin” and therefore a major driver of prices, there is evidence that consistent pricing below $60 per barrel has resulted in reduced drilling activity, and that could result in the US production miracle tapering off. A Major Fundamental Shift – US oil and natural gas production to peak.

  • World production
  • COT
  • Supply vs. demand
  • Fundamental changes

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