Wednesday, December 2, 2020

Investors In Fossil Fuel Will Reap Benefits Over The Next Four Years -- December 2, 2020

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

Counterintuitive: investors in fossil fuel companies are going to be well rewarded over the next few years.  

Exhibit A, Enbridge:


Exhibit B: administration's vow to shut down drilling, fracking. We'll talk about this later.

Exhibit C: environmentalists to shut down new pipelines. We'll talk about this later.

Exhibit D: post-Covid-19 -- global economy will surge.

Exhibit E: Saudi needs $60 oil; not even close, and even $60 is not enough. 

Exhibit F: majors slash spending.


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