Viewing a single comment thread. View all comments

Popular-Pollution-29 t1_iuhmtag wrote

Reply to comment by BleachedTaint in Why aren't people buying energy stocks? by InterestingHurry1834

How am I wrong?

1

BleachedTaint t1_iuhn1vt wrote

The government’s green agenda has done nothing but increase oil’s value. Oil will continue to increase. “Fully green” is a scam and will not happen.

2

Popular-Pollution-29 t1_iuhoe3e wrote

I agree its a scam, but social security is a scam and its still there. Fully green will happen and everyone will just have to adjust.

Oil value will increase short term, less capex into the traditional energy sector. If oil companies don't see a future for reinvesting in the business, as an investor I see no future.

1