IHS Markit: US oil producers to halt 1.75 MMb/d per day of production; Canada to cut 0.5 MMb/d
Green Car Congress
MAY 22, 2020
Not even the United States’ huge network of storage facilities and associated infrastructure was enough of a buffer for a crisis on this scale. In the United States, the expected curtailments go well beyond just low-productivity conventional wells, known as “stripper wells.”
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