Peak Oil by 2030 Is Too Early: Pioneer Natural Resources CEO

The video discusses the ongoing conversation about peak oil demand, with predictions ranging from 2030 to 2050. It highlights the role of electric vehicles in driving demand changes and the continued reliance on fossil fuels. The discussion also covers the optimism around US shale, investment models focusing on free cash flow, and the impact of lower NGL prices. The video explores the implications of parent-child well relationships on oil recovery and the potential for enhanced oil recovery techniques. It concludes with insights into investment strategies, industry consolidation, and the need for oil majors to rebuild inventory.

What is the expected impact on oil prices if US shale is not the swing producer anymore?

What are the implications of the parent-child well relationship on oil recovery?

What do you think will attract new investors to the oil industry?