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Midweek Briefing — A Sudden Head-Turning Decline in U.S. Oil Production…

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I’m going to cut straight to it. Last week, the EIA announced in its Weekly Petroleum Status Report a head-turning decrease of 151,000 barrels per day in U.S. onshore oil production. I think this is a big deal and exactly what we have been talking about here for months at Outstanding Investments… that U.S. production would be rolling over in Q2 of this year.

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