Exxon Joins OPEC in Warning of Looming Oil Supply Crisis

[TDoS]

Not gonna be fracking much oil @ $57/bbl.

Oil prices falling into zone that discourages production xpensive stuf

https://www.axios.com/2025/04/08/oil-prices-production-growth

RE

Growth was easing up anyway, even at $70. Some signs of decreasing productivity at the geological level are showing up already, anyone with data and looking at it has known it for almost a year now. All good things must come to an end, cycles of development run their course until the next technology/geology/economic combination shows up to go after the more expensive stuff. Even that stuff was edging into the limelight when oil was in the $100+ range pre-2015....but then the resulting price drop from the US developing more normal oil...again...happened. So we'll have to wait for the price to go back up to let the shales run their course, and THEN all the other more expensive oils might get a chance.