Production Costs Keep Dropping, and Capex Plans Keep Rising…

Costs dropping to $15/bbl

https://seekingalpha.com/news/3442832-exxon-eyes-15-bbl-costs-massive-permian-operation#email_link

Experts Underestimate Oil Production

https://www.axios.com/experts-consistently-underestimate-american-oil-production-dafda176-da12-4969-80b9-7c9a0d9e6ef2.html

US Project to “Dominate” Oil Supply Growth Over Next 5 Years

https://www.axios.com/us-dominate-global-oil-supply-iea-report-c7640ff2-b32e-4fbe-9bfe-7075bd8a2d84.html

The U.S. has taken the global oil market by storm — becoming the world’s largest oil producer in 2018 and on track to surpass Russia and perhaps even Saudi Arabia to become the world’s top exporter by 2024.

https://www.axios.com/us-oil-exporter–1b94a4b8-4492-4019-b542-4d0767e50bc4.html