The Risks to Oil Prices in 2017

The video discusses the 2017 focus on US onshore oilfield services, highlighting the success of frac sand stocks. It explores potential regulatory impacts under the new US administration, particularly concerning offshore drilling. The discussion shifts to oil prices, emphasizing the importance of OPEC's compliance with production cuts. The narrative anticipates a rise in oil prices to $50-$60, contingent on OPEC's adherence to agreements, while considering potential risks from increased production in certain regions.

Which subsector was highlighted as a winner in the oilfield services industry in 2017?

• Land drillers

• Offshore drillers

• Frac sand stocks

• Natural gas developers

What is a potential regulatory change that could impact US onshore drilling?

• Reducing land drilling permits

• Increasing natural gas development

• Imposing higher taxes on oil companies

• Banning all offshore drilling

Where has most of the offshore investment outlook been concentrated according to the transcript?

• Pacific Ocean

• Gulf of Mexico

• Atlantic Ocean

• US Arctic

What is the expected oil price range for the next year as discussed in the transcript?

• 50 to 60

• 30 to 40

• 60 to 70

• 20 to 30

What compliance rate is being modeled for OPEC's production reduction agreement?

• 75%

• 90%

• 50%

• 60%