I’ve been investing in energy for 40 years and this is an interesting time as oil companies have adjusted to Biden. Things went great for energy under Obama too.
A heavy majority oil companies are profitable at prices from $55 on up so there’s a nice cushion underpinning them at this time.
At least Democrats are good for somebody’s business besides BLM and Antifa.
“I’ve been investing in energy for 40 years and this is an interesting time as oil companies have adjusted to Biden. Things went great for energy under Obama too.”
Our farm is smack dab on prime marcellus-utica oil and gas deposits. Our royalties boomed during the obama years. During Trump when oil prices collapsed from over supply they stopped pumping on our grid and all the oil and gas workers moved away
I rec a certified letter the other day that pumping is going to start up again in October and test teams with seismologist will be testing over our property in July.
I noticed all the rv parks where the oil and gas workers park their campers are filling up again.