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re: The irony of funding Ukraine is that the conflict is keeping oil prices high.
Posted on 2/23/24 at 3:18 pm to riccoar
Posted on 2/23/24 at 3:18 pm to riccoar
quote:
It’s the COST those companies endure to drill the oil now versus then. That’s from policy changes by Biden versus Trump. It was much cheaper to obtain it then it is now. Do you understand? Not about volume.
Margins are fat rn for both upstream and especially downstream.
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