RE:RE:Oil in the ground that you're not producing is a treasureTrivela, I didn't post a comment, I posted a link to some brainwaves of Munger on oil. He talks about what a waste it was the united states didnt import all the oil when it was $0,5 a barrel. And he talks about what a treasu oil is in the ground, as in reserves = PTA
As we are on a very low price of oil again same story goes up.
You dont have to agree ofcourse but I thought it was a very interesting thought and could help PTA investors.
trivela wrote:
Why post a 2013 comment from Munger?