That's what happened here. We're talking about one to two million barrels a day, based upon a 93 to 94 billion barrels a day production, and the price dropped by 60%.
On March 11th, 2015. See this statement in context.
On March 11th, 2015. See this statement in context.
March 11th, 2015 / 5:15 p.m.
Prof. Wade Locke
That's what happened here. We're talking about one to two million barrels a day, based upon a 93 to 94 billion barrels a day production, and the price dropped by 60%.
See context to find out what was said next.