Quote:
Originally Posted by Dusty_Star
No, the way you control it is to produce more of it.
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To all that think the solution is just produce more If you read the Wall St Journal you would read that oil companies have declined to invest in new oil drilling and have stopped shale oil recovery because they believe that is not in the best interest of their shareholders. They would rather increase dividends and do buybacks.
How do you increase production in the USA with this approach by the oil companies?
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Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence. John Adams
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