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"U.S. Oil Output Tops 12 Million Barrels a Day for First Time" by Stephen Cunningham and Jessica Summers
Jim Lucier quoted in Bloomberg article, "U.S. Oil Output Tops 12 Million Barrels a Day for First Time," published on June 28, 2019.
The article reads:
“It really means that OPEC has to make a decision to balance the market or shale will do it for them,” said Jim Lucier, managing director of Washington, D.C.-based Capital Alpha Partners LLC. “Despite all the talk about Wall Street forcing capital discipline, we’re not seeing any diminishing production yet.”
Full article: https://www.bloomberg.com/news/articles/2019-06-28/u-s-oil-output-exceeds-12-million-barrels-a-day-for-first-time
