Let’s not lose focus here: there is BIG OIL here and that ..... and that means BIG MONEY, sooner or later!
Obviously on the way to pay day there will be some bumps on the road. But the oil is not going anywhere and the world's need for it only grows more so everyday. We are like oil futures but that we can only go ... UP ... especially in light of reasons like this: from today's OP:
By ZeroHedge - Sep 18, 2022, 10:00 AM CDT - Wil VanLoh, head of private equity group Quantum Energy Partners: “there’s no bailout coming”, U.S. producers cannot pump a lot more.
- U.S. shale executives aren’t expecting major production increases in 2023.
- Well output in the U.S’ largest shale basins is falling.