sport football: America's Energy Future Looks Bright☀️

Selasa, 26 November 2024

America's Energy Future Looks Bright☀️

Keith Kohl/ Nov 26, 2024

America's Energy Future Looks Bright☀️

The stars have aligned for one helluva run for oil and gas stocks over the next four years.

Nothing — and I mean NOTHING, dear reader — plagued the energy sector more this year than uncertainty. We can thank the dreaded U.S. election cycle for that one, folks.

And unfortunately, there has been a ton of uncertainty over the last few years. No matter which political team you’re on, there’s no question that the U.S. oil and gas industry was villainized; a perfect scapegoat every time there’s a problem with high prices.

Never mind that these two energy sources account for nearly 75% of the total energy consumed in the United States.

This year, there was no shortage of uncertainty. Keep in mind that this was the first time we had a presidential candidate on record saying they would ban fracking, only to campaign on the idea that they wouldn’t ban it.

But that’s in the past, and I have a feeling that any uncertainty oil and gas companies may have had leading up to the election have dissipated altogether.

>>> Read the full article here.

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