POO Chart, page-4

Thanks again CEO. This is a very good synopsis. This is why I am holding. The next 5 years are going to be fantastic. Particularly for Aussie oilers.
Oil goes higher. I was particularly pleased to see the author recognised that shale oil has a very finite life. It makes me wonder why the Saudi's ever bothered with this strategy. At full throttle shale oil would have exhausted itself within 6 years.

Just hunker down.