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It also tilts the economics toward extracting from more expensive oilfields if the price stays high long enough.
by stvltvs 7mo ago
It also tilts the economics toward extracting from more expensive oilfields if the price stays high long enough.
- toomuchtodo 7mo agoSort of. There’s a bullwhip effect with starting and stopping production from those economically marginal fields, whereas clean energy and storage deployed due to these fossil energy price levels will remain in service for at least the next two decades. For more research on this topic, keywords are “restart logistics shut in well.” If these fields are currently in production, certainly, it squeezes some more life out of them unfortunately. https://cyrusashayeri.substack.com/p/restarting-fieldwide-shutdown-for https://cyrusashayeri.substack.com/p/restarting-fieldwide-sh...
- toomuchtodo 7mo agoAdditional citation: Why $100 Oil Isn't Going to Spark a New Shale Boom – Oilprice.com - https://news.ycombinator.com/item?id=47324000 https://news.ycombinator.com/item?id=47324000 - March 2026