Javier Blas, Columnist

Houston, We Have an Oil Problem: Elements by Javier Blas

A decline in drilling across the Permian Basin suggests US production forecasts are way too high.

September 13, 2022 at 11:18 AM UTC

Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources.”

A worker prepares to lift drills by pulley at the Big Dog Drilling Rig 22 in the Permian Basin. — A worker prepares to lift drills by pulley at the Big Dog Drilling Rig 22 in the Permian Basin.
Photographer: Brittany Sowacke

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Today’s Take: The Permian’s Pullback