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It's the mirror of when 140/bl was thought to be speculators driving up the price just because they liked that.

 

Now it's like funny watching nations that gouged and flew planes filled with falcons, built islands for living in a marina on that priced oil adjusting to US drilling in the Permian.  Agreements that include OPEC and Russia seem inconsequential as Chevron gets caught by Exxon in West Texas.

 

150+ nations produce.  It changes daily.

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Hello everybody, and happy holidays to all of you!

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