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Anonymous
Anonymous asked in Business & FinanceInvesting · 5 days ago

Why are stocks for oil/gas companies going up?

7 Answers

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  • Edward
    Lv 7
    3 days ago

    Biden’s insane energy policy 

  • 4 days ago

    Lots of reasons.  Supply and demand which the little commies in government don't understand.  President Biden caused a huge jump in oil when he recently stopped leases on public land.  Monstrous amounts of oil will be needed to created the electricity for Teslas EVs.  Half of all clothes, the bottoms of shoes,  drugs, auto tires and all plastics are made out of oil. Nearly all 'green" energy is created by oil companies.  Nearly all the money spent to fight global warming is oil money.

  • 4 days ago

    Due to an increase in oil futures, there are more buyers than sellers of such companies, the world's oil markets is being put jeopardy due to the Presidents mandate on the US oil production.

  • kswck2
    Lv 7
    4 days ago

    Supply and demand. Everyone is getting vaccinated and no longer staying home. 

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  • 5 days ago

    Commerce and employment is going up and more people are going to be expected to resume commuting. 

  • Anonymous
    5 days ago

    Trump's vaccines are working and Republican governors are reopening businesses and the economy. Things are looking up. Someday soon even the Liberal school teachers will go back to work.

  • 5 days ago

    The people just can't get enough of that bubbly 

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