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Odd Lots — The Oil Industry's Double Whammy of Higher Costs and Lower Prices
Scout ratingSCOUT· 63%43m·2025-05-15·Money

The Oil Industry's Double Whammy of Higher Costs and Lower Prices

Odd Lots

The new administration has a "drill, baby, drill" mantra and a much more liberal attitude towards the oil and gas industry than the last one. But that hasn't translated into great profits for the oil industry itself. Crude prices have sunk and tariffs have raised the cost of components for companies trying to get…

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