Wednesday, September 13, 2023

My Favorite Chart -- The Goldilocks Economy -- September 13, 2023

Locator: 45643ECON.

Link at twitter.

2 comments:

  1. while it seems the volume of money comes out of nowhere, remember producing millions of bbls/day Bakken, Permian, EF, Nio etc is "wealth creation" for producers, employees, and especially royalty owners. A bonanza if there ever was one.

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    Replies
    1. Agree completely. Not necessarily true for shareholders but very, very true for those actively working in the industry as well as the royalty owners.

      As a reminder: I am inappropriately bullish on the Bakken as well as oil in general.

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