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The State of the US Oil Market
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Consumers are seeing gas prices go up at the gas pumps and according to the Kummerle Commodity Report, US oil production is below trend and not at a level to meet current demand.
The recent Kummerle Commodity Report predicts oil prices above $65 over the next five to ten years if US oil producers want to see profitability.
Concerned about how oil prices are affecting your business? Here’s how you can understand the commodities markets better and manage your commodities inputs risks.