3 ms·
Fair enough, though production does impact price to a degree. For oil this is less important than some other commodities, but it’s still a factor. But this is r
by twodave 10mo ago
Fair enough, though production does impact price to a degree. For oil this is less important than some other commodities, but it’s still a factor. But this is really a tangent from the central argument that is: oil exploration isn’t so important if we already aren’t producing from many existing known sources, and exploration itself is only sort of loosely tied to selling the end-product in terms of sales.