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5min chapter
TIP512: Top Takeaways from 2022 w/ Trey Lockerbie
We Study Billionaires - The Investor’s Podcast Network
Cost inflation, step one drilling, oil reserve depletion, sponsor ads, and Buffett's oil investments
The chapter explores the reasons behind rising costs in the oil industry, including cost inflation and the requirement for additional drilling wells. It also touches upon the depletion of the US Special Petroleum Reserve, featuring sponsor ads for Auto Comma cybersecurity investment and a payroll tax refund program. Additionally, it mentions Warren Buffett's substantial investments in oil producers and references a prior interview with a specialist on Buffett's energy ventures.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode