5 year Market Outlook opinions
#711
A Dozen Stocks to Play an Energy Sector Rebound: https://www.barrons.com/articles/a-d...nd-51655828660
More Inflation defense ideas
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More Inflation defense ideas
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#712
A Dozen Stocks to Play an Energy Sector Rebound: https://www.barrons.com/articles/a-d...nd-51655828660
More Inflation defense ideas
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More Inflation defense ideas
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#715
Gets Weekends Off
Joined APC: Jan 2022
Position: :)
Posts: 464
I mostly exited energy stocks a few months back. If I am reading everything correctly, covid reduced energy demand by only 15% and wr had negative oil trading. That tells me supply and demand is a very delicate balance. Anyone else seeing this Ukraine war blowing over and the markets ending up once again, flush with oil. Perhaps this is why oil companies are holding back exploration?
#716
Gets Weekends Off
Joined APC: Sep 2005
Posts: 1,110
I mostly exited energy stocks a few months back. If I am reading everything correctly, covid reduced energy demand by only 15% and wr had negative oil trading. That tells me supply and demand is a very delicate balance. Anyone else seeing this Ukraine war blowing over and the markets ending up once again, flush with oil. Perhaps this is why oil companies are holding back exploration?
#717
Gets Weekends Off
Joined APC: Sep 2016
Posts: 6,716
Almost the entire western world has halted purchasing oil from Russia. I don’t believe that ends when the Ukraine war ends. This is why oil is so high. Many more people chasing after way less oil. Oil companies aren’t voluntarily holding back exploration in the US, they’re being told they can’t. Perhaps that will change.
#718
Almost the entire western world has halted purchasing oil from Russia. I don’t believe that ends when the Ukraine war ends. This is why oil is so high. Many more people chasing after way less oil. Oil companies aren’t voluntarily holding back exploration in the US, they’re being told they can’t. Perhaps that will change.
The ironic thing about everyone beating the Green Energy drum is that the current situation is pushing European nations back towards coal. Far far worse for the environment.
#719
Gets Weekends Off
Joined APC: Dec 2013
Posts: 2,236
I’ll play, is it basically flat? More to the issue is that domestic oil companies aren’t/won’t invest to fix the global imbalance here because of regulation uncertainties. Did you read the article from the Chevron CEO yesterday? In no uncertain terms he called out this administration for being part of the problem and not part of the solution.
#720
Gets Weekends Off
Joined APC: Dec 2013
Posts: 2,236
Energy companies have been told by the Federal Government that there is a shelf life for the current energy production methodology. So it doesn’t benefit them to invest any more resources to it. Also, it wouldn’t have any immediate impact on energy prices in the next couple years. Increasing supply is a challenge.
The ironic thing about everyone beating the Green Energy drum is that the current situation is pushing European nations back towards coal. Far far worse for the environment.
The ironic thing about everyone beating the Green Energy drum is that the current situation is pushing European nations back towards coal. Far far worse for the environment.
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