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Record US production and the 'Mendoza line' for global oil prices
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North American Crude Oil Exports Summit
PDVSA offers 6.4 million barrels of discounted crude to spot market
The Barrel Brothers are back! US Energy Information Administration petroleum analysts Jeff Barron and Mason Hamilton stop by to talk about record-shattering US oil production, which just crossed the 11 million b/d threshold and is headed quickly to 12 million b/d. Barron and Hamilton discuss the state of global oil supply and demand, the impact of reimposed sanctions on Iranian crude exports and the "Mendoza line" for crude oil prices.
