In part two of this unique industry dialogue hosted by Hart Energy, Tom Petrie, chairman of Petrie Partners, answers the question: Is there a seat at the OPEC table for U.S. shale independents?

Joining Hart Energy’s Jessica Morales, Oil and Gas Investor Editor-in-Chief Steve Toon and E&P Executive Editor Jennifer Presley, Petrie discusses whether the current OPEC process is outdated and will the price shock serve to rebalance markets.

“I think there is some high-cost oil that will be part of the self-correcting mechanism that’s been triggered,” Petrie said.

Need to recap? Find part one of the discussion here.

DISCUSSION: Tom Petrie’s Take on OPEC+, Oil Prices, Production Cuts