gear dec report , interesting

[Fraser921]

https://gearenergy.com/wp-content/uploa ... cember.pdf

Impact of cold weather on production
also notice how net debt is falling

[dan_s]

Good post. This is why North American oil production (almost) always declines during the first quarter. It is the combination of falling production and the seasonal spike in demand (starts in April) that supports my opinion that WTI will spike to $100/bbl in a few months.