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Originally Posted by Jim in CT
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Look for the most beaten down BEFORE the chit hit the fan. The Saudi Russia oil spat has caused a crisis in shale production, but they are still pumping (for now) and have to transport it. So.....
Pipeline stocks.
I’m not an expert but I’m no dummy either.
Trump is touting that we are buying up any excess oil and filling the strategic oil reserves which I believe can hold 300 million more barrels.
With the war powers enacted l believe he may put tariffs on imported Saudi oil to prop up shale producers or even throw up an embargo.
Do your own due diligence of course.
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