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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: ajtj99 who wrote (28517)6/21/2021 5:46:25 PM
From: Jacob Snyder4 Recommendations

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ajtj99
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ItsAllCyclical
towerdog

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re: wtic: Every oil company I look at, is trying to maximize cash flow, not production or reserves. This is a huge change. Previously, oil producers would spend billions to develop new resources. They have stopped doing that. They are acting as if their current 10-15Y of reserves is all they need, and then we will all be driving a EV running on wind power.

This makes $100 oil likely.
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