- Tight Gas & Oil
- Gas Hydrates
For crude prices to average $50 to $52 in 2017, OPEC must extend quotas and maintain compliance, and demand must increase, according to a report.
However, sellers’ value expectations may lead to a widening of the bid-ask spread, PwC said.
The Trump administration is likely to spur wide-ranging expansions, including pipeline additions, as oil production escalates.