Once a critical mass of oil majors and midstream/service providers sets up in a region (e.g. Guyana), they tend to spread out and develop neighboring resources, which is why stabilizing Argentina's Vaca Muerta or achieving regime change in Venezuela could unlock multiple millions of barrels per day and is deflationary for oil.
causalpending
Speaker
DoombergEvidence Quote
“you need a critical a roaming critical mass of capital and engineers and expertise. Um once you set up shop in Guyana, boy, or Venezuela next door looks pretty attractive”
Created: 6/18/2026, 2:32:19 PM
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