Episode 16 - Can U.S. shale be the swing producer?
b'Can U.S. shale be \\u201cthe swing producer?\\u201d
Controversial topic right now \\u2013 see https://seekingalpha.com/article/4148589-u-s-shale-the-swing-producer and Robert McNally\\u2019s book \\u201cCrude Volatility\\u201d
Can we ever have a wing producer in an over supplied market?
History of Saudi Arabia\\u2019s experience as swing producer suggests that we can\\u2019t.
To what extent does the role of swing producer depend on demand forecasts?
Does OPEC even have much spare capacity anymore?
Nigeria, Libya, Venezuela, Saudi Arabia do, but others might not.
Operating in a different market now \\u2013 is \\u201cswing producer\\u201d even a useful term to consider?
Market in which traders can get daily rig counts, dynamic sources of news, decline rates for shale oil wells
Supertanker news: Corpus Christi trying to secure funding to widen and deepen its port to make room for 2 supertankers simultaneously. Implications for U.S. oil exports.
LOOP \\u2013 Saudi tanker takes US produced oil and transports it to China \\u2013 shows how US oil finally being integrated into the global market
Aramco IPO \\u2013 is it coming to the NYSE?
High oil prices indicative of good economy, but lower oil prices can also help jumpstart economic growth.
Lower gasoline prices actually encourage consumers to spend more on gasoline.
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