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Showing posts with label commodities. Show all posts
Showing posts with label commodities. Show all posts

Tuesday, January 9, 2018

USA offshore oil and gas territories are 98% open for business across the board... but who is taking it up?

The United States proposes to open 98% of its Outer Continental Shelf to oil and gas leasing .  While this seems like an astronomical development with profound price implications worldwide... early analyst response "seems" to indicate that many industry players may be slow to respond in any case.

For full information, including analysis by Wood Mackenzie, see the link here:

https://www.epmag.com/analysts-expect-slow-oil-gas-industry-response-mega-us-lease-sale-proposal-1677321