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Curated by: Nuclear Bunker Living (94 videos)
- 2 Billion people US and Europe trying to take down carbon foot print. The rest of the world 6 billion people increasing their carbon foot print - which took us from 80MBOPD demand to 100MBOPD - 60% global fuel share from Oil - Oil is a deprecating asset as globally we lose 10 million BOPD per year. We loose 30% of US production every year since we are heavy in shale - Although US is only 12% of global oil supply, the US has been the only one that has significant increase in oil production. - When you have a depreciating asset investing below rate of deprecation against resilient demand you have a supply issue that will be bullish over the next 10 years - Base cost for drilling has increased. $70 dollar oil is the new $50 - country that has been able to grow oil supply over the last 10 years. - Top Analyst are saying peak supply by 2028 Subscribe to my channel : https://www.youtube.com/c/kingdomexplorationllc?sub_confirmation=1 Request Information : http://kingdomexploration.com/Request-Oil-Investment-Brochure-B/ Phone (307) 622-1645 email: sean.pruitt@kingdomexploration.com #oilnews #peakoil #oildemand