45. DISCUSSION: Tom Petries Take on OPEC+, Oil Prices, Production Cuts
b'
In a unique industry dialogue hosted by Hart Energy, Tom Petrie, chairman of Petrie Partners, weighs in on the current state of the oil market following record global oil output cuts agreed to by OPEC, Russia and other oil producers.
\\nPetrie says the industry has seen the fastest lay down of rigs in American history. \\u201cWe are seeing drops in demand partly because of extreme measures meant to slow the spread of the coronavirus.\\u201d
\\nDuring part one of the discussion hosted by Hart Energy\\u2019s Jessica Morales, Petrie joins Steve Toon, editor-in-chief of Oil and Gas Investor, and Jennifer Presley, executive editor of E&P, to talk about oil prices, production and possibilities to come.
\\n