Take it or leave the below article but I thought it sums things up pretty nicely because it is well written, informative and succinct about O&G. That's just my opinion though.You know that is beyond their ability to process.
And just for the record, I am not pushing yahoo finance on anyone if someone wants to complain about the source of the article. I use the site because it is easy to navigate if you are heavy in the market, and this article was on the front page, so I have no dog in this hunt which is why I respectfully say take it or leave it.
https://finance.yahoo.com/news/the-m...223017557.html Originally Posted by Lucas McCain
Big Oil will never show their cards.
And i'd lay odds that they are definitely milking this current situation to their benefit (read that as price gouging.) Talked with a customer yesterday that use to work in the oil fields. I said he probably would be pulling it in now. Said "Nope." States they keep contacting for him to come back but they won't pay decent salary. So, guess who keeps the extra $$$?
And they think the pres can dictate price of gas. If you can't get the heads of Big Oil to answer question before a congressional inquiry, what makes you think they're going to give honest answer about the money?