Name: Overproduction ‘Kills Companies’: ‘Drill, Baby, Drill’ an Empty Promise?
Uploaded: 2024-12-16T21:28:20.145-06:00
Duration: 7 min 38 s
Description: 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.

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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.

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

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