LNG

In a note, Rob Thummel, senior Portfolio Manager at Tortoise Capital, addressed energy companies’ future spending, as he saw it. 

“Capital spending at energy companies should stay at the same level, or it may rise a little bit. This will result in production growth being steady, although it’ll be small single-digit production growth, whereas in the past, we saw a double-digit production growth out of the US,” he said.

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