Forecast - Production

Chart : Here is the Reason OPEC Refuses To Cut Production

Print | Tuesday,March 10,2015

Marathon Oil Presented this Chart during its presentation in 2014 at the TIPRO Annual conference. It shows the projected growth in US tight oil.

One thing is very clear, and that is if OPEC had cut production in November, it would have kept oil price elevelated and the remarkable growth in US production would have continued.

Source : Marathon Oil March 2014 Investor Presenation

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Forecast - Production

Chart : Here is the Reason OPEC Refuses To Cut Production