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Energy Investing
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Re: Sub-$80 WTIGoing 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 |