In the depths of the pandemic a few people were saying how attractive oil produces looked.
Anyone who listened to that made out like a bandit.
A lot of people are saying buy oil stocks now.
But is that a good idea?
This administration hates the fossil fuel industry, has said as much and more many times.
No telling what kind of damage they might do to U.S. producers in the next couple years.
Maybe non U.S. oil stocks are better?
Right now demand is high and supply is low, but does anyone really have a clue how long that will last?
Are oil stocks really a smart buy now, or are they near their peaks?
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