More Evidence For Higher Energy Prices (Energy Crunch)
Aug 29, 2021•36 min
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Episode description
With the current version of the pandemic beginning to recede, we will see continued increases in oil demand by the end of the year. With inventories already below the five-year average expect higher oil prices by year-end.
Bank of America and Goldman are saying $80 oil by the end of the year. Cash flows are already exploding higher at many oil companies. Yet investors are shying away from buying them. Are they missing a huge opportunity?
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