re: Gas Price Question for you O&G folks

quote:

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Inventory is lower than it was in 2014, both in terms of crude and refined product.


Winner, winner, chicken dinner.

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This and the fact that because of this administration cancelling leases, purposely dragging their feet on permits and spouting time and again that they are going to end fossil fuels, there are no investments from anyone that signals there will be future exploration to increase stock. Because of questionable futures, the demand will be significantly higher than supply for the foreseeable future.