Helping America Navigate a New Energy Reality

Ecstrat analyst on US shale oil production decline

By on 23 Nov 2015 in quotes

“U.S. production is about to have a Wile E. Coyote moment where it literally falls off a cliff. One-hundred-and-twenty-thousand barrels, maybe even next month, will drop off…. The supply and demand mismatch will probably come in 2017.”

Emad Mostaque, analyst with London-based consultancy Ecstrat 

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