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The Future For Oil Supply And Prices After The ‘Amazon Effect’ Stimulates Shale 2.0

May 6, 2020 by

While access to cheap capital matters, as do government permits, impediments and subsidies, it’s technology that creates supply (and demand too, but that’s another story, covered elsewhere). The world would not be awash in oil if we were still using the drilling technology of 1917.

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