If we can trust what we read and read what we trust, the black oozy stuff should come off it's high pretty soon and provide one with an opportunity.
If you aren't buying it at that time you love working for the man. Most people do. That's why there's that so-called big inequality gap do-gooders, politicians and bureaucrats love to exploit. Expect another spike up first, then the pull back.
Hydrocarbons should be a permanent holding in your portfolio with some profit taking sprinkled in from time to time. People love to hate. That's never going to change. Don't let it stop you from making a profit. They've already tried making it a sin. Now they want to make it a crime.
There is much more at stake here than what the so-called cognoscenti are telling you. Despite all the caterwauling the globe is not awash in oil. And even if it were they would find some way to marginalize it, keep it from trickling down to you.
Two big oil players, Exxon and BP, just put their thumbs to their noses and waved their fingers at official sanctions against Russia.
Oil is a substance that goes into the making of so many other products it's meaningless to discuss. Many of these people are folks who've made their booty and now don't want you to make yours.
Be not afraid. Buy some shares on the pullback.
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