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Chronic underinvestment in all resources especially oil and gas is leading to a situation where prices will have to move higher for an extended time period in order to incentivize new investment.
However, this is being hindered by poor policies and policies that are opposed to the extraction of minerals and resources that will be needed to facilitate the build back better plans of governments.
Regardless of the reasons, this will lead to speculative and investing opportunities for astute market participants.