How Big Oil Took Over The Oil Market

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Rupert Hargreaves
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Big Oil credit goes to Rigsource Inc. for this article. How Big Oil took over the oil market The term “economies of scale” might as well have been invented for the oil and gas industries. Think about how much it would cost to start a new company with the vision of prospecting and drilling for oil, refining it, and selling it as gasoline. It would cost you billions of dollars to sell that first gallon. But we know too that the oil and gas industries are highly profitable. In fact, even with oil prices slumping, oil and gas companies make up…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk

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