A surge of oil production is coming, whether the world needs it or not. The flood of crude will arrive even as concerns about climate change are growing and worldwide oil demand is slowing. And it is not coming from the usual producers, but from Brazil, Canada, Norway and Guyana. That boost in production, along with global efforts to lower emissions, will almost certainly push oil prices down.
By Clifford Krauss. New York Times. November 3, 2019.
