During his Middle East tour, Energy Secretary Chris Wright confirmed he wasn’t concerned about weak oil prices. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
These Off-the-Radar Gems Are Your Key to Oil Profits
These Off-the-Radar Gems Are Your Key to Oil Profits If you’re NOT buying oil stocks right now, then you hate money. Do you see oil’s disconnect from reality? It’s right there in front of us, screaming helplessly into the void. I’d bet that most of the investment herd doesn’t see the bullish case for oil heading into the 2025 summer driving season. Why should they? The narrative being spun throughout the media is utterly frightening to hear; even our own Energy Secretary should feel a little ashamed touting the same rhetoric recently. During his Middle East tour, Energy Secretary Chris Wright confirmed he wasn’t concerned about weak oil prices. What was said? Oh yeah, it was that the U.S. shale industry would survive and thrive. As a former oil exec, he should know better. To be fair, he’s in a bit of a tough position between a rock and a hard place. Not giving his full-throated support to President Trump’s "Drill, Baby, Drill" message would put him at risk of getting on the wrong side of the president — a place that nobody wants to be, or else suffer his wrath. But to suggest that the U.S. E&P sector would thrive with crude prices below $60 per barrel is just disrespectful to reality. And we’re already starting to see the cracks emerge… >>> Read the full article here. Share on Twitter You signed up for our newsletter with the email indra21poetra@gmail.com. You can manage your subscription and get our privacy policy here. This email is from Angel Publishing, 3 East Read Street, Baltimore, MD 21202 © Wealth Daily. | | | |
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