Oil Supply & Demand in 2030 with Joel Couse
The HC Commodities Podcast
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Is There Still Plenty Left in the Tank?
Europe is one of the most exposed regions because its own production is steadily declining. Europe has benefited from the low natural gas prices provided by Russia for decades. But that's no longer going to be the case, and cost of natural gas is now two or three times higher than what they would have paid otherwise. It will take years to reduce that energy dependence to a more manageable level.
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