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Re:U.S. Oil Output Tops 12M Barrels a Day for First Time by z2 on Tuesday July 02, 2019 @11:09AM (#20335865)
The market capitalization of the large oil companies have also been very closely correlated with oil prices, so cheap oil could in fact hurt their margins rather than help shareholders.
Re:U.S. Oil Output Tops 12M Barrels a Day for First Time by conanbatt on Tuesday July 02, 2019 @11:31AM (#20336083)
As logical as thinking that capping the velocity of cars only harms car companies. It's just not economic thinking.