Midweek Briefing -- A Sudden Head-Turning Decline in U.S. Oil Production…

Posted On Aug 5, 2015 By Jody Chudley

I’m going to cut straight to it. Last week, the EIA announced in its Weekly Petroleum Status Report a head-turning decrease of 151,000 barrels per day in U.S. onshore oil production. I think this is a big deal and exactly what we have been talking about here for months at Outstanding Investments… that U.S. production would be rolling over in Q2 of this year.