Anybody Buying Yet? Where’s the Bottom?

[Bonasababy]

Already bought one election...

https://www.washingtonpost.com/politics/2024/05/09/trump-oil-industry-campaign-money/

Fossil Fuel Industry Donors See Major Returns in Trump’s Policies

The Trump administration’s embrace of the oil and gas industry’s agenda provides another example of how wealthy special interests shape policies.

www.brennancenter.org

 

[SAJ-99]

Already bought one election...

https://www.washingtonpost.com/politics/2024/05/09/trump-oil-industry-campaign-money/

Fossil Fuel Industry Donors See Major Returns in Trump’s Policies

The Trump administration’s embrace of the oil and gas industry’s agenda provides another example of how wealthy special interests shape policies.

www.brennancenter.org

They got ripped off. This latest kerfuffle just transfers money from the average American to the oil co. The World is discovering that energy security is the cornerstone of sovereignty (that and maybe a nuclear weapon). Americans are discovering that $2/gal gas is not a God-given right. The market speaks on where the money is flowing over the last 12 months - XLE is up about 50%, FAN (Wind ETF) up 70%, TAN (Solar) up over 100%.