RE: MDA24 Apr 2023 13:31
Bubble. You may be interested in this report, and maybe reconsider your views.
"Roadblocks and oilfield invasions effectively shuttered significant parts of Ecuador's economically vital hydrocarbon sector. National oil company Petroecuador declared force majeure, halting operations and petroleum exports. As a result, oil production plunged by over 50% to be between 236,037 and 236,571 barrels per day during the period from 24 June to 29 June 2022. That caused June 2022 output to plummet by 18% compared to a month prior and 17% year over year to 408,076 barrels per day. Petroleum exports also fell sharply, seeing the total volume of oil exported by Ecuador for January to July 2022 plunge to 65.9 million barrels, the lowest level in nearly two decades."
Unfortunately not all share your view. And spouting that Lasso will sort it, is laughable. He will probably be in jail this time next year.