Despite OPEC price war and lockdowns, USA remained #1 in oil & gas production in 2020
What lesson do we learn from that? Or lets better say what lesson should we learn from all this? US shale oil and gas production will only grow in the future no matter what as even the Democrats will unleash everything they have when the economy goes down so bad that they must fear not to be elected anymore for the next two decades. And shale is source rock oil and gas – which is far more plentiful than reserve drilling. The US has the know how. The others have dwindling reserves. A new world.