Let me explain what is leading to the squeeze that will be so painful over the next five years, and then I'll give you my pick for the oil stock that's best positioned for this scenario.
This big squeeze is coming from both the demand and supply ends of the oil market.
Higher oil prices so far have not led to lower consumption. That's what's supposed to happen, right? As oil and gasoline get more expensive, people should use less, economic theory says. But not this time.
I thought it was already known, demand for fuel has very low elasticity.
This war for oil sucks.
In before ToxicAdam anti-alarmist you're all luddites and hate technology and hate progress don't you see the market will solve this blah blah blah
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