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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

MARCH 13, 2016

Drilling activity has continued to grow, but high costs and infrastructure constraints have prevented production levels from rocketing skywards as they did in places like Texas or North Dakota. The FT reported that Argentina’s new energy minister, Juan Jos• Aranguren, was not fond of Galuccio. Article Source: [link].

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Argentina Oil Oil Prices Chevron 150
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Opinion: The Current Oil Price Rally Is Reaching Its Limits

Green Car Congress

MARCH 24, 2016

Some areas of North Dakota have breakeven prices at around $20 to $25 per barrel. Neil Atkinson, head of the oil market division at the International Energy Agency (IEA), largely agrees with the potential shale restart. “If Article Source: [link]. More output is bearish.” That is not good news for oil prices.

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Oil Prices Oil Price North Dakota 150
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