{"id":65419,"date":"2023-09-25T23:25:20","date_gmt":"2023-09-26T03:25:20","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/oil-could-hit-150-sending-shock-through-system-says-top-shale-ceo\/"},"modified":"2023-09-25T23:25:22","modified_gmt":"2023-09-26T03:25:22","slug":"oil-could-hit-150-sending-shock-through-system-says-top-shale-ceo","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=65419","title":{"rendered":"Oil could hit $150, sending \u2018shock through system,\u2019 says top shale CEO"},"content":{"rendered":"
\n
<\/p>\n

<\/p>\n

\n

\n \u201c<\/span>\u2018That\u2019s going to send a shock through the system.\u2019\u201d<\/span>\n <\/p>\n


\n \u2014 Doug Lawler, CEO of Continental Resources<\/span>
\n <\/small><\/p><\/div>\n<\/p><\/div>\n

That\u2019s Doug Lawler, chief executive of Continental Resources, the shale-drilling giant controlled by billionaire Harold Hamm, telling Bloomberg News on Monday that crude prices are set to remain elevated and could press to the $120- to $150-a-barrel range without new production. <\/p>\n

More price pressure is coming, he said, unless policies are put in place to encourage more output.<\/p>\n

\n

West Texas Intermediate crude
\n CL00,
\n -0.18%<\/bg-quote><\/p>\n

CL.1,
\n -0.18%<\/bg-quote>,<\/span>
\n the U.S. benchmark, edged back below $90 a barrel on Monday but remains up more than 34% from its 52-week low of $66.74 hit on March 17. Brent crude
\n BRN00,
\n -0.26%<\/bg-quote>,<\/span>
\n the global benchmark, has rallied 30% from a 52-week low of $71.84 a barrel set on June 12.<\/p>\n

Lawler said he thought oil \u201cabsolutely\u201d would hit the $100-a-barrel threshold and that he expects to see continued volatility in the $80- to $100-a-barrel price environment.<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u201c\u2018That\u2019s going to send a shock through the system.\u2019\u201d \u2014 Doug Lawler, CEO of Continental Resources That\u2019s Doug Lawler, chief executive of Continental Resources, the shale-drilling giant controlled by billionaire Harold Hamm, telling Bloomberg News on Monday that crude prices are set to remain elevated and could press to the $120- to $150-a-barrel range without […]<\/p>\n","protected":false},"author":1,"featured_media":65420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-65419","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nOil could hit $150, sending \u2018shock through system,\u2019 says top shale CEO | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u201c\u2018That\u2019s going to send a shock through the system.\u2019\u201d \u2014 Doug Lawler, CEO of Continental Resources That\u2019s Doug Lawler, chief executive of Continental\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=65419\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil could hit $150, sending \u2018shock through system,\u2019 says top shale CEO | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"\u201c\u2018That\u2019s going to send a shock through the system.\u2019\u201d \u2014 Doug Lawler, CEO of Continental Resources That\u2019s Doug Lawler, chief executive of Continental\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=65419\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-26T03:25:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-26T03:25:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/09\/1695698721_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=65419#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=65419\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Oil could hit $150, sending \u2018shock through system,\u2019 says top shale CEO\",\"datePublished\":\"2023-09-26T03:25:20+00:00\",\"dateModified\":\"2023-09-26T03:25:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=65419\"},\"wordCount\":168,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=65419#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=65419\",\"url\":\"https:\/\/ifintechworld.com\/?p=65419\",\"name\":\"Oil could hit $150, sending \u2018shock through system,\u2019 says top shale CEO | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-09-26T03:25:20+00:00\",\"dateModified\":\"2023-09-26T03:25:22+00:00\",\"description\":\"\u201c\u2018That\u2019s going to send a shock through the system.\u2019\u201d \u2014 Doug Lawler, CEO of Continental Resources That\u2019s Doug Lawler, chief executive of Continental\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=65419#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=65419\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=65419#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Oil could hit $150, sending \u2018shock through system,\u2019 says top shale CEO\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Oil could hit $150, sending \u2018shock through system,\u2019 says top shale CEO | iFintechWorld","description":"\u201c\u2018That\u2019s going to send a shock through the system.\u2019\u201d \u2014 Doug Lawler, CEO of Continental Resources That\u2019s Doug Lawler, chief executive of Continental","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=65419","og_locale":"en_US","og_type":"article","og_title":"Oil could hit $150, sending \u2018shock through system,\u2019 says top shale CEO | iFintechWorld","og_description":"\u201c\u2018That\u2019s going to send a shock through the system.\u2019\u201d \u2014 Doug Lawler, CEO of Continental Resources That\u2019s Doug Lawler, chief executive of Continental","og_url":"https:\/\/ifintechworld.com\/?p=65419","og_site_name":"iFintechWorld","article_published_time":"2023-09-26T03:25:20+00:00","article_modified_time":"2023-09-26T03:25:22+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/09\/1695698721_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=65419#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=65419"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Oil could hit $150, sending \u2018shock through system,\u2019 says top shale CEO","datePublished":"2023-09-26T03:25:20+00:00","dateModified":"2023-09-26T03:25:22+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=65419"},"wordCount":168,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=65419#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=65419","url":"https:\/\/ifintechworld.com\/?p=65419","name":"Oil could hit $150, sending \u2018shock through system,\u2019 says top shale CEO | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-09-26T03:25:20+00:00","dateModified":"2023-09-26T03:25:22+00:00","description":"\u201c\u2018That\u2019s going to send a shock through the system.\u2019\u201d \u2014 Doug Lawler, CEO of Continental Resources That\u2019s Doug Lawler, chief executive of Continental","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=65419#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=65419"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=65419#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Oil could hit $150, sending \u2018shock through system,\u2019 says top shale CEO"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/65419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65419"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/65419\/revisions"}],"predecessor-version":[{"id":65421,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/65419\/revisions\/65421"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/65420"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}