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The “Everything Risk” Is Here | Ed Harrison
Forward Guidance
The Future of the Oil Market
Oil companies are taking the money that they make and buying back stock, giving it to shareholders. The toggle that we're starting to see now in the oil market is shale. That's a very difficult structure to deal with because those wells deplete very quickly. It just creates a whole level of complexity in terms of understanding how the market will resolve any shortages.
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