Investment cycles can give clues about future oil market shifts, and recent slow investments are pointing toward a global crude shortage and price upticks, Jonathan Chanis tells senior oil editors Brian Scheid and Meghan Gordon.
Chanis is senior vice president for policy at Securing America’s Future Energy and formerly was a senior trader at Caxton Associates and a vice president at Goldman Sach’s commodities division. He tells Capitol Crude that OPEC policies have disrupted investments and a lack of spending has set the world up for a supply crunch that even US shale cannot fix.
See excerpts of the conversation with Chanis in this story.
We welcome any feedback or suggestions for topics. Contact us at email@example.com.