Oil and More Oil
Moody's Talks - Inside Economics
00:00
Getting Back Up in Oil Prices Is Going to Take Some Time
Getting everything rebbd back up is going to take some time. We don't have that inventory overhang of drilled but uncompleted wells this time around. It's not like ready made production to fall back on. You have to drill a new well and start the new process um and end it. As such, it's very difficult for producers to ramp up production.
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