At these higher prices you can safely bet other producers are drilling new wells... | Hacker News

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		alecco 18 days ago \| parent \| context \| favorite \| on: Can the world get its supply of oil by bypassing t... At these higher prices you can safely bet other producers are drilling new wells, adding more infrastructure, and upgrading refineries.

dyauspitr 18 days ago [–]

That’s not going to replace the sheer volume of the Middle East.

alecco 18 days ago | [–]

Yes it can. It's only 20%. The difference is ME is very cheap to extract relative to other places like shale.

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