So its probably safest to say that high priced oil invites competitors.
And lower oil prices makes it tougher for them.
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Therefor oil prices will fluctuate wildly for the next decade.
Possible, if we knew for sure we could all be John Paulson.
Depending on your meaning of “wildly” that has always been the case of oil. Given the inelastic nature of the demand and supply, it is the reality of the commodity.