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Worse Than Enron

The Compound and Friends

00:00

Global Oil Demand Is Still Sitting Below the 2019 High

During the last decade, there was a substantial crash in the price of oil 2015, 2016. That looked like it was OPEC versus the shell freckers in the United States. And they basically said, we're going to bankrupt these guys. But now things are the other way around. How long will they stay that way? I mean, shortly someone will come along and say, I am happy to supply this market with as much of what it was.

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