Oil Opportunities?
So oil is still at a relative 10 year low thanks to the fracking supply glut.
And it just made me think… there's some good opportunities to be had in the current market.
And it just made me think… there's some good opportunities to be had in the current market.
According to Joseph Schumpeter, businesses go in these sorts of cycles. A market grows and booms, and in that boom, many competitors arise. But then as the market declines, the players begin to cannibalize each other. Unlike the typical tech/business cycle, however, this isn't the end of oil, just a bog standard…
