Pioneer CEO: Oil Could Reach $100 a Barrel by Q4

Pioneer Natural Resources CEO Scott Sheffield says oil could reach $100 a barrel by q4. He also says oil output in the Permian Basin will peak in five to six years. He speaks to Bloomberg's Alix Steel at CERAWeek by S&P Global in Houston.
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[@Seawithinyou]

I Love this Lady’s knowing shits going to hit the Oil Mineral and Metal Industries Especially when it comes to EV Vehicles of All shapes and sizes Solar Wind Turbines need Oil for its plastic Copper Lithium for Solar Panels and where will All the Waste goes when batteries pass use by date?

[@userjoe4321]

I have been hearing this argument for years. The transition will be slow in first world countries and very slow in developing countries. Petroleum will be in high demand for decades.

[@aliasoma]

$100/barrel lol. These oil guys were saying oil would get to $150-200 last summer. Lesson: all commodities trade for less than they predict.

[@aliasoma]

@clot shots I saw many professionals in the oil/gas space predict over $200/barrel in ‘22.

[@aliasoma]

@clot shots Sry man, misread your comment.

[@Seawithinyou]

Realisation in shortage of Oil Minerals and Metals Look up Professor Simon Michaux Energy Blind research done over 20yrs and research Graphs to show the Dire Hard Facts!

[@perrinpartee557]

@clot shots Buffett did. I loaded up on OXY at $12/share. Happy I did!

[@RajeshJustaguy]

Trying to fly when you cant even jump

[@davidblick2192]

Read the Bible too.