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re: JBE Impact on Oil Recovery

Posted on 12/21/16 at 9:30 pm to
Posted by The First Cut
Member since Apr 2012
14022 posts
Posted on 12/21/16 at 9:30 pm to
I'm no JBE fan, but until the OPEC cartel creates scarcity again there won't be another oil boom. Federal and state governments can roll back regulations, but it will help only so much. Oil is just too cheap for large scale capex investment right now.
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