Viewing a single comment thread. View all comments

DomighedduArrossi t1_iukaayg wrote

Oil and gas is going to surge in the late fall and early 2023 because we will simultaneously have:

  • midterm elections in the rearview mirror
  • cold weather
  • strategic petroleum reserve release finally completed (fuckin senile comunist...)
  • fully effective ban on Russia oil
  • OPEC continuing their recent cartel shenanigans
  • China sooner or later will release the zero-Covid restrictions and gradually reopen.

My top recommendations (in random order) are OXY DVN EOG SM DINO OVV ERF APA.

Disclaimer 1: not financial advise Disclaimer 2: I own relevant long position in all the above oil companies

0

redditer269 OP t1_iukamun wrote

👍 thank you for the advice. Great reasoning as well.

2