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Collectively we'll likely extract all that's available, but profit margins would naturally decrease as the more available deposits are used up. A lot of O&G com
by SuoDuanDao 7y ago
Collectively we'll likely extract all that's available, but profit margins would naturally decrease as the more available deposits are used up. A lot of O&G companies will have existing infrastructure that will be depreciating over time, so they'll likely get very competitive over the dwindling supply of deposits. The industry will likely look quite active even after individual players are no longer particularly profitable.