FishOnOne wrote:
With the oil production output in West Texas projected to hit pipeline capacity, and some other very large recently discovered oil fields that will be coming on line, "sweet crude" supply will not be the issue.
In the oil/gas industry (which I'm very involved in) speculators (like your article) always drive prices up for the most part until the facts usually prove them wrong and prices settle.
I work very closely with the oil and gas industry was well, and I don't think west Texas can pump enough sweet crude for the added 3 million barrels per day that these ships use. I guess I will just have to link this thread into my Outlook to remind me to bring this thread back to life on 1/1/20 to see where the prices are at.
