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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (115344)	11/5/2021 3:19:43 PM
From: Goose94	Read Replies (1) \| Respond to of 203362

Crude Oil: Bad News Bears for Bulls U.S. Shale Is Finally Ready To Open The Taps Int'l oil majors have suggested U.S. shale output might see tangible increases over 2022 as many are seeking to utilize their windfall profits by investing in shale. With producers less likely to hedge their annual production next year, the anticipated ramp-up in US crude production might materialize relatively soon. This, along with the Biden Administration’s alleged readiness to tap into crude SPRs to tame runaway gasoline prices has helped to more than offset OPEC+’s decision to maintain supply discipline.