With 1 trillion plus pulled from new exploration,
Post# of 43064
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Posted On: 01/15/2018 5:46:08 PM
Re: Capitalgain #38731
With 1 trillion plus pulled from new exploration, a decline rate of 4-5% (meaning, we need 4-5 million new barrels per year to just stay even), demand increasing at 1 million per yr plus, higher oil prices by year end are a decent bet IMO. Could be our time has arrived!
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