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All articles by Giovanni Poshe -
The demand for world oil is increasing while world reserves are
decreasing. This is a known fact. The current price of oil can
certainly confirm this statement. Consensus also agrees that we
will never see $25.00 oil again. The logical conclusion to our
above statement is oil stocks should be a good long term
investment. However, the location of the oil companies' reserves
can affect their bottom line and valuation.
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