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TIP551: Berkshire Hathaway Annual Shareholders Meeting 2023
We Study Billionaires - The Investor’s Podcast Network
The Permian Oil Field
In the Permian, you know, it may be 12,000 barrels, maybe 15,000 barrels. But if shale stopped, I mean, it would drop to 6 million, very fast. Just imagine taking 5 million barrels a day out of the production in the world. So we don't know what oil prices will be, but we do very much like the Oxen-Annel position they have.
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