EXCO Resources Inc (EXCE)

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Crude is bound to tick back up sooner or later. Just saw a news headline about sabotage being perpetrated on Nigerian oil infrastructure though didn't feel like I needed to read it. Various supply disruptions from time to time are going to continue to be par for the course. Doesn't seem to have made much of a splash though, since we are in a supply glut, forever and ever, aren't we...

Financial media is saturated with the "supply glut" mantra. Consensus views tend to be self-reinforcing, sometimes even after underlying conditions have changed.

So I found the following article rather interesting.

http://www.marketwatch.com/story/contrarian-fund-managers-expect-oil-prices-to-double-to-100-by-2018-2017-03-21