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Oct 5, 2022
6:28:50pm
I'mBatman Truly Addicted User
Not sure if it will but you can hedge the risk by buying
Oil stocks. At the very least you’ll get big dividends. And even if oil stays where it is or decreased slightly the oil companies will be making good profits. Pioneer Natural and DVN have special dividends to return more to shareholders when they make more. Some others too.

The contrarian opinion to high oil prices is that will the Fed is hiking interest prices and at some point that could impact demand and take out all commodities, including oil. On the other hand, clearly Biden has an idiotic energy policy so that doesn’t help on the supply front. The cartel (opec) won’t do him any favors and is enticed to try and keep prices where they are.
This message has been modified
Originally posted on Oct 5, 2022 at 6:28:50pm
Message modified by I'mBatman on Oct 5, 2022 at 6:29:37pm
Message modified by I'mBatman on Oct 5, 2022 at 6:29:57pm
I'mBatman
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I'mBatman
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