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Twain's Mustache

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“The first of April is the day we remember what we are the other 364 days of the year." I'm often wrong. Tweets are not investment advice. DYODD

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  • assume $PXD is representative of the marginal oil producer (fairly accurate) given the *hyper* short duration of shale oil wells, continuing to drill destroys shareholder value vs. keeping it in the ground drilling w/ hyper decline rates = illusion
    by Twain's Mustache
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