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The Right Price Should Be
I don't think it's so much the pressure to pivot to renewables because there's no sense that pivoting towards renewables or EVs is going to actually reduce oil demand all that much. I do think that economic conditions are very questionable, and every time there's some sort of signal economic-wise, we see oil prices react. So it's almost like the market can't really decide. Should oil be lower, should oil be higher? There still is quite a bit of supply on the market. US production is very strong. We're still the largest oil producer in the world. The deck chairs have been rearranged and oil is going where it needs to go, but it's going at
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