We will drill baby drill
How would Trump’s inauguration speech order about energy and backing out from the Paris Climate Accord affect the energy market and M&A deals focused on that.
I believe this’ll be a great year for commodities.
Do you know how supply and demand work? Drill baby drill means lower prices...
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Oil will not be going down in 1H2025
Interesting topic. the 3mm barrels Trump is looking for cannot come from the US. Simply impossible, no matter how you look at it. Trump wants lower energy prices, so then how can this materialise? One option is twisting Saudi Arabia's arm into increasing production, which they have curtailed specifically due to lower China growth. If it's true that Russia breaks even at $44 then $60 should be a bearable target. Yes, I know of Saudi's deficit but what other option is there?
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