Water is bursting from another abandoned West Texas oil well, continuing a trend

Re:Water is bursting from another abandoned West Texas oil w... by llamaimperative on Wednesday June 12, 2024 @03:56PM (#40662333)

You oughta go start an oil company then! The market is booming, can’t imagine how well you’d do with your secret knowledge about scarcity being all a marketing ploy.

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Re:Water is bursting from another abandoned West Texas oil w... by akira2501 on Wednesday June 12, 2024 @04:16PM (#40662583)

Do you really believe that the number of players in the market is a function of scarcity?

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Re:Water is bursting from another abandoned West Texas oil w... by llamaimperative on Wednesday June 12, 2024 @05:14PM (#40663195)

I think if something important to the market is scarce for other players but abundant for you, then you can easily go make a boatload of money. Just basic supply and demand.

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Re:Water is bursting from another abandoned West Texas oil w... by akira2501 on Wednesday June 12, 2024 @08:00PM (#40664490)

> Just basic supply and demand.

Ah. And where do "cartels" fit into that structure?

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