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The Long-Term Bullish Case for Oil
The price of coal in China, the price of natural gas in Europe is so high, prohibitively high, that people are actually turning back. They're saying, hey, we don't want this cheap coal. Then they're turning to oil to heat their houses. The only hyper-bullish case that remains to you is if we have a true, extremely cold winter and there you think we can see some fireworks, right? Yeah. So a long-term bull on the price of oil, but short-term, yeah, you don't think the fireworks are anywhere here.