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Re: Overcoming Incredible Builds .... Two thoughts: 1. Unless US oil use is down to ~14MM boepd from its more recent decline to~18 MM boepd, then US crude production of 13MMboepd as reported in "BUILDS" article does not make US self-sufficient per Trump's recent claim. 2. The lowering of world and domestic oil prices due to the "BUILDS" and its effect on oil producers is beyond the control of the producers, |
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