Energy Investing - Sub-$80 WTI - Energy Investing - InvestorVillage


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Msg  465273 of 479307  at  11/23/2022 12:48:00 PM  by

rjboxer

The following message was updated on 11/23/2022 12:58:07 PM.

 In response to msg 465269 by  yahearme
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Re: Sub-$80 WTI

Going a step further, there are structural problems with procuring manpower and high drilling costs which are forcing the EIA to lower U.S. crude production by some 600,000 bpd over the past 6 months. Buying backwardated crude in second half 2023 or the entire 2024 strip will yield large gains with minimal risk.


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Msg # Subject Author Recs Date Posted
465277 Re: Sub-$80 WTI justadude 6 11/23/2022 12:58:09 PM




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