New Oil Is More Important Than Ever

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The oil bull market is still alive and kicking, despite the bearish sentiment.

Keep in mind that today’s glutted market conditions aren’t the norm, and they are certainly not the end of the oil industry, as doomsaying media claims.

Now is not the time for producers to slack off in searching for new supply.

We may have more oil than we need for the moment, but today’s low prices could be tomorrow’s supply shortage if we let this situation go too far…

 

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