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I am largely out of STO and keeping my IP in house. It's no...

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    I am largely out of STO and keeping my IP in house.

    It's no secret though that U.S tight oil cannot supply the market at $50-60 per barrel as there simply isn't enough of it.

    The information on what reserves there are at which prices is widely available. It needs account for the VIX.

    It proved a valuable narrative when not widely accepted but now that people are agreeing with me I am off pursuing different game.

    Oil and gas is a terrible industry to be in. Not only are you raping the climate and the pillaga but returns are rubbish.
    Last edited by croasian: 22/05/18
 
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