Mar. 21 at 6:34 PM
Most retail investors still think oil supply is a faucet.
It isn’t.
Shale, deepwater, oil sands and OPEC all move on different clocks — and now gas drilling can throw extra condensate and NGL barrels into the mix even when “oil” isn’t the main target.
That’s how people get blindsided.
My new article breaks down how oil supply really responds to price — and why the next move won’t be decided by how much oil exists, but by which barrels can actually show up in time.
$XOM $CVX $COP $CNQ $SU
https://open.substack.com/pub/johngalt88/p/how-oil-supply-really-responds-to?utm_source=share&utm_medium=android&r=6ct8co
