The Conversation (0)
Uk.ibtimes.com reported on Exciting International Oil and Gas Opportunities:
Uk.ibtimes.com reported on Exciting International Oil and Gas Opportunities:
On a macro level, it’s important to look at inventory levels, but more importantly I think it’s just fundamental economics. What do the global industrial production numbers look like? Are we building business inventories? We had a huge drawdown in business inventories during the last recession and those inventories need to be replenished to feed the global expansion. As we build inventories and increase industrial production, demand for energy increases. It’s really that simple.
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