my main focus is crude, I buy GUSH which is 2x leveraged and NRGU which is 3x leveraged the price of per barrel, its a wild ride but for the last week its just gone straight up, its rarity for me to bank like this consecutively, commodities commodities commodities! crude crude crude!
now I can almost afford to pay biden's 5 dollar a gallon gas
i have read and heard that Oil could go as high as $130
when that will happen i have no idea........but i have shares in Africa Oil Corp so i am hoping the price of Oil as its rises will help my stock......lol
I agree. We’ve seen this before. Putin will be at the BRICS meeting via zoom on 08/22/23. Look for an announcement about further oil production cuts, as Saudi Arabia wants to join this group. Petrodollar is dead and not coming back.
That's impossible because I was just told on our local AM CBS news radio that there was no reason for crude oil to go any higher and prices would be dropping from here on!
Seems to me that the good ole US of A has to replace all the oil it borrowed from our Strategic reserves I believe dome where in 60% to 70% level, that's a hell of a lot of oil. Good ole Joe B, all that oil and still gas prices are rising at the pumps. I wonder what D. Trump would do? Ed
I've been in DVN for over a year & 1/2 now. It peaked in 2022 around June. The dividends are great though. I'm in it for the long haul though - patiently binding our time as we don't need the money. And I'm also in JEPI - the belly of the beast. Everything I read on DVN shows they operate in the black. This second quarter will prove they will still not rise in share price, but I don't care. Before the elites get everyone off of Oil for good, Oil will have its day. We will be there for that day.
ok i need to ask when trump was in office what was the price for oil/gas? How can anyone think there life is easier with green energy and gas prices going high? Biden econonmics is a horrible and will destroy the USA.
I live in OKC. Devon is headquartered here. A lot of oil company’s just taking profits but we can’t drill. Stupid. Pulling it up is all we are doing on existing wells.
OK oil industry is big but no drilling a lot of execs have gone oilfield workers gone. It’s sad but we always live by bust and boom. We will drill again after this fool leaves office and prices will fall at the tank.
my main focus is crude, I buy GUSH which is 2x leveraged and NRGU which is 3x leveraged the price of per barrel, its a wild ride but for the last week its just gone straight up, its rarity for me to bank like this consecutively, commodities commodities commodities! crude crude crude!
now I can almost afford to pay biden's 5 dollar a gallon gas
$100+ by EOY.
i have read and heard that Oil could go as high as $130
when that will happen i have no idea........but i have shares in Africa Oil Corp so i am hoping the price of Oil as its rises will help my stock......lol
I agree. We’ve seen this before. Putin will be at the BRICS meeting via zoom on 08/22/23. Look for an announcement about further oil production cuts, as Saudi Arabia wants to join this group. Petrodollar is dead and not coming back.
That's impossible because I was just told on our local AM CBS news radio that there was no reason for crude oil to go any higher and prices would be dropping from here on!
Seems to me that the good ole US of A has to replace all the oil it borrowed from our Strategic reserves I believe dome where in 60% to 70% level, that's a hell of a lot of oil. Good ole Joe B, all that oil and still gas prices are rising at the pumps. I wonder what D. Trump would do? Ed
Is DVN a good play now then? I love it and especially JEPI
I've been in DVN for over a year & 1/2 now. It peaked in 2022 around June. The dividends are great though. I'm in it for the long haul though - patiently binding our time as we don't need the money. And I'm also in JEPI - the belly of the beast. Everything I read on DVN shows they operate in the black. This second quarter will prove they will still not rise in share price, but I don't care. Before the elites get everyone off of Oil for good, Oil will have its day. We will be there for that day.
ok i need to ask when trump was in office what was the price for oil/gas? How can anyone think there life is easier with green energy and gas prices going high? Biden econonmics is a horrible and will destroy the USA.
I live in OKC. Devon is headquartered here. A lot of oil company’s just taking profits but we can’t drill. Stupid. Pulling it up is all we are doing on existing wells.
OK oil industry is big but no drilling a lot of execs have gone oilfield workers gone. It’s sad but we always live by bust and boom. We will drill again after this fool leaves office and prices will fall at the tank.
Go great!!!
Now we can fill up the strategic reserve.
So if a person wanted to profit on this, how would one do so? I understand you are not recommending, just your opinion.
Please do a live stream when the crash occurs down the line. It will be an historic bittersweet event we can all enjoy together. 🙂
Higher inflation incoming
Not good
Yes, I agree 100%. Inflation is just getting started.
I missed out on the pullback yesterday. But I do like to add shared whenever I can!
About a month ago I bot GUSH which will have a 4 for 1 forward split the end of this month.