There is a glut and will continue to be an oversupply of hydrocarbons for several years going forward. You can look at the EIA projections or tune in
to Canada’s tar sands crude market or the shale oil coming online...but by all means keep telling yourself peak oil is coming full steam ahead.
Guess it’s the old adage: don’t bet what you can’t lose. You bet on a losing horse...big time. Welcome to that bear market I told ya about.
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