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Oil stocks all down
#13866616
01/29/21 10:52 PM
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Joined: Apr 2004
Posts: 14,086
Stump jumper
OP
TFF Guru
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OP
TFF Guru
Joined: Apr 2004
Posts: 14,086 |
I know the markets are down this week and oil has backed off it's highs but I think there is more to it. Chevron missed so I understand why it is down. Is the Biden factor at work here?
2200 Bay Champ/200 Mercury Optimax 2017 Tundra TSS 4x4 Crewmax 5.7L
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Re: Oil stocks all down
[Re: Stump jumper]
#13866673
01/29/21 11:43 PM
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Joined: Jan 2012
Posts: 15,801
ko bass attack 27
TFF Guru
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TFF Guru
Joined: Jan 2012
Posts: 15,801 |
GM announced that they would be all electric by 2035-2040, I wouldn't think that would boost them.
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Re: Oil stocks all down
[Re: Stump jumper]
#13866674
01/29/21 11:43 PM
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Joined: Mar 2008
Posts: 12,262
silvers
TFF Guru
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TFF Guru
Joined: Mar 2008
Posts: 12,262 |
I doubled my money on oxy, sold, expecting 15 dollar stock and will buy back in
call it what you will...he is not definitely not anywhere near the top of the list for QB's that I would choose needing a FG or touchdown drive late in the game.
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Re: Oil stocks all down
[Re: Stump jumper]
#13866676
01/29/21 11:46 PM
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Joined: May 2002
Posts: 82,751
Bob Davis
Bunkeroid Bob
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Bunkeroid Bob
Joined: May 2002
Posts: 82,751 |
Joe hates fossil fuels. He already cost 10,000 union jobs on the pipeline. Maybe they can learn to code or work on Solar panels as Lurch (John Kerry) suggests. What an azzhat the little demented old dictator is.
Foxtrot Juliet Bravo
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Re: Oil stocks all down
[Re: Stump jumper]
#13866687
01/30/21 12:05 AM
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Joined: Jul 2011
Posts: 9,200
the skipper
TFF Celebrity
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TFF Celebrity
Joined: Jul 2011
Posts: 9,200 |
The total assault on oil and gas will do that to stocks.
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Re: Oil stocks all down
[Re: Stump jumper]
#13866692
01/30/21 12:13 AM
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Joined: Nov 2014
Posts: 1,880
stuntmandave
Extreme Angler
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Extreme Angler
Joined: Nov 2014
Posts: 1,880 |
Yea, I'm having to say Joe. Not to mention AOC came out today about how excited she was because his plan sounds just like the Green New Deal....
Challenge Accepted. 1st ID 1/26 Infantry OEF XI
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Re: Oil stocks all down
[Re: Stump jumper]
#13866724
01/30/21 12:51 AM
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Joined: Sep 2010
Posts: 2,581
GROD
Extreme Angler
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Extreme Angler
Joined: Sep 2010
Posts: 2,581 |
Nothing green about electric cars..., they need to show the world how them batteries are made and what it takes to make them! Them what you do with them when their life span is obsolete.
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Re: Oil stocks all down
[Re: Stump jumper]
#13866729
01/30/21 12:54 AM
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Joined: Sep 2006
Posts: 10,036
Spiderman
TFF Guru
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TFF Guru
Joined: Sep 2006
Posts: 10,036 |
The batteries will still have to be recharged.
The Truth is six of the seven Dwarfs are not Happy!
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Re: Oil stocks all down
[Re: Spiderman]
#13866833
01/30/21 02:07 AM
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Joined: Apr 2004
Posts: 14,086
Stump jumper
OP
TFF Guru
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OP
TFF Guru
Joined: Apr 2004
Posts: 14,086 |
The batteries will still have to be recharged.
You are correct about that. It might be time to switch investments from oil to electrical transmission companies. Can you imagine what will happen if we have 1/2 of our vehicles on chargers. Current infrastructure barely has capacity currently for peak periods. We have heard the big dreams before whether it be electric or fuel cell. Maybe the big guys will start shorting oil stocks and the robinhooders will start buying.
2200 Bay Champ/200 Mercury Optimax 2017 Tundra TSS 4x4 Crewmax 5.7L
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Re: Oil stocks all down
[Re: Stump jumper]
#13866853
01/30/21 02:22 AM
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Joined: Jul 2006
Posts: 49,425
RATZ
Activity Coordinator
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Activity Coordinator
Joined: Jul 2006
Posts: 49,425 |
The batteries will still have to be recharged.
You are correct about that. It might be time to switch investments from oil to electrical transmission companies. Can you imagine what will happen if we have 1/2 of our vehicles on chargers. Current infrastructure barely has capacity currently for peak periods. We have heard the big dreams before whether it be electric or fuel cell. Maybe the big guys will start shorting oil stocks and the robinhooders will start buying. PGR made a nice lil investment in PLUG. They make rechargeable batteries for cars.
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Re: Oil stocks all down
[Re: Stump jumper]
#13866860
01/30/21 02:28 AM
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Joined: Sep 2008
Posts: 5,190
fishslime
TFF Celebrity
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TFF Celebrity
Joined: Sep 2008
Posts: 5,190 |
It's all about money - in this case the consumer's money. People are tired of getting ripped off at the pump. Fossil fuel is dead on arrival for the future. Green energy is the wave of the future.
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Re: Oil stocks all down
[Re: Stump jumper]
#13866955
01/30/21 03:45 AM
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Joined: Feb 2004
Posts: 5,550
206champion
TFF Celebrity
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TFF Celebrity
Joined: Feb 2004
Posts: 5,550 |
When biden gets through with this country we will be in socialism
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Re: Oil stocks all down
[Re: 206champion]
#13867125
01/30/21 02:12 PM
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Joined: Apr 2004
Posts: 14,086
Stump jumper
OP
TFF Guru
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OP
TFF Guru
Joined: Apr 2004
Posts: 14,086 |
When biden gets through with this country we will be in socialism Yep, I read on Yahoo that he is going to propose $2000 monthly payments. He did not mention income limits. Heck we already have the earned income credit giveaway, food stamps, and subsidized health insurance, etc.
2200 Bay Champ/200 Mercury Optimax 2017 Tundra TSS 4x4 Crewmax 5.7L
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Re: Oil stocks all down
[Re: Stump jumper]
#13867128
01/30/21 02:16 PM
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Joined: May 2004
Posts: 13,654
Tiltman
TFF Guru
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TFF Guru
Joined: May 2004
Posts: 13,654 |
2009 2.0 coming to a community near you
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Re: Oil stocks all down
[Re: Stump jumper]
#13867137
01/30/21 02:25 PM
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Joined: Jun 2002
Posts: 4,314
Jman
TFF Team Angler
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TFF Team Angler
Joined: Jun 2002
Posts: 4,314 |
Green energy is stupid. There is very little green about green energy. I can show you statistics that a Hummer is just as green as a Chevy Volt when you account for how parts are sourced and how they are manufactured. Burning fossil fuels has only gotten better over the years and will continue to improve. Watch the stock market, price of gas, taxes, etc. I’m afraid it is downhill from here boys with this group of clowns. We are going to have to take it and we will like it - that’s going to be the way forward.
Jim Featherston Mortgage Loan Officer - NMLS 2509901 Red Diamond Home Loans PH 972-890-3114 Apply at: RDHLoans.com/Jim Licensed to Serve Clients in Texas and Florida
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