QualityStocksNewsBreaks – Pelican Acquisition Corp. (NASDAQ: PELI) Partner Greenland Energy CEO Warns of Structural Oil Supply Risks in Benzinga Interview
Pelican Acquisition (NASDAQ: PELI) partner Greenland Energy’s incoming CEO Robert Price said global energy markets may be underestimating structural risks to oil supply, citing geopolitical chokepoints such as the Strait of Hormuz and declining long-term investment in conventional production. In an exclusive interview with Benzinga, Price emphasized that frontier exploration efforts, including the company’s work in Greenland’s Jameson Land Basin, are aimed at addressing future supply constraints rather than short-term price movements, arguing that long-cycle conventional resources will remain essential to maintaining global energy security. Credit: EXCLUSIVE: We're Not Drilling For $60 Oil — We're Drilling For Next Supply Shock,…