Sitting on the UAE coast overlooking the straits of Hormuz typing this .... Driven up the coast out of from our home in central Dubai .... Rockets exploding overhead.... Seeing a moment in history up close ....
The only real uncertainty I can pick with your thoughts is the assertion that Venezuela could only add 1 million BPD. If the current Regime stays in power they would not even be able to add any additional production. On the contrary, with Regime change that advances Democratic change plus legal and commercial protections, Venezuela could add 2 to 3 million BPD within 5 years.
Sitting on the UAE coast overlooking the straits of Hormuz typing this .... Driven up the coast out of from our home in central Dubai .... Rockets exploding overhead.... Seeing a moment in history up close ....
The only real uncertainty I can pick with your thoughts is the assertion that Venezuela could only add 1 million BPD. If the current Regime stays in power they would not even be able to add any additional production. On the contrary, with Regime change that advances Democratic change plus legal and commercial protections, Venezuela could add 2 to 3 million BPD within 5 years.