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The Role of US Shale in Oil Production Growth
Sally Kohn: Six counties in West Texas are now 100% responsible for all global oil production growth. She says the shale rolling over is such a big deal with respect to oil prices. The Permian's going to roll over in the next six to 12 months, 18 months at most according to Gurring and Rosenzweg report. But if oil at 150 headline inflation is back to seven and a half, she says, the bond market is throwing up on itself.