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Oil stocks all down #13866616 01/29/21 10:52 PM
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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?


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Re: Oil stocks all down [Re: Stump jumper] #13866673 01/29/21 11:43 PM
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GM announced that they would be all electric by 2035-2040, I wouldn't think that would boost them.

Re: Oil stocks all down [Re: Stump jumper] #13866674 01/29/21 11:43 PM
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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.
Re: Oil stocks all down [Re: Stump jumper] #13866676 01/29/21 11:46 PM
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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.


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Re: Oil stocks all down [Re: Stump jumper] #13866687 01/30/21 12:05 AM
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The total assault on oil and gas will do that to stocks.

Re: Oil stocks all down [Re: Stump jumper] #13866692 01/30/21 12:13 AM
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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.... sick


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Re: Oil stocks all down [Re: Stump jumper] #13866724 01/30/21 12:51 AM
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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 Them what you do with them when their life span is obsolete.

Re: Oil stocks all down [Re: Stump jumper] #13866729 01/30/21 12:54 AM
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The batteries will still have to be recharged.


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Re: Oil stocks all down [Re: Spiderman] #13866833 01/30/21 02:07 AM
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Originally Posted by Spiderman
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.


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Re: Oil stocks all down [Re: Stump jumper] #13866853 01/30/21 02:22 AM
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Originally Posted by Stump jumper
Originally Posted by Spiderman
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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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.

Re: Oil stocks all down [Re: Stump jumper] #13866955 01/30/21 03:45 AM
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When biden gets through with this country we will be in socialism

Re: Oil stocks all down [Re: 206champion] #13867125 01/30/21 02:12 PM
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Originally Posted by 206champion
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.


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Re: Oil stocks all down [Re: Stump jumper] #13867128 01/30/21 02:16 PM
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2009 2.0 coming to a community near you

Re: Oil stocks all down [Re: Stump jumper] #13867137 01/30/21 02:25 PM
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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.

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