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I spent the last few days researching an oil drilling company and along the way have picked up some knowledge about the macro conditions in the oil market.
It seems like nobody pays attention to the fact that the world has a very serious problem on its hands when it comes to oil production. Excess capacity has been steadily declining over the last few decades and investment into new production has been stagnant in recent years.
This means that in the next few years, barring demand catastrophe, we will have a major tightening in the energy markets. This will lead to....
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