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UK fires up coal power plant as gas prices soar

#39

(09-07-2021, 09:40 AM)The Real Marty Wrote:
(09-07-2021, 09:20 AM)StroudCrowd1 Wrote: Gas prices typically stem from political decisions, and the push for green energy is 92% politicial.

I feel this is the perfect place for this.

So if the push for green energy is causing traditional energy companies to scale back production, it seems like that would cause a rise in oil and natural gas prices, which would put a lot of money in the pockets of traditional energy producers like Exxon.  Exxon is also the only large oil company that is continuing to make large investments in productive capacity.  Perhaps you should make an investment in Exxon.

(09-07-2021, 09:39 AM)StroudCrowd1 Wrote: In response to your deleted post, it doesn't matter what kind of "gas" we are talking about. Politicial decisions drive its price the majority of the time.

I just get a laugh out of all roads leading back to good ole dirty fossil fuels when the going gets rough.

I deleted my post because I did a little reading on the price of natural gas, and found that your comment was more correct than I thought.

Nonetheless, what's important here?  Money.  We should invest in Exxon.

Ding ding ding!  (Patting myself on the back)

Since I wrote that, XOM is up 40%, vs the S&P500 which is unchanged.
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RE: UK fires up coal power plant as gas prices soar - by The Real Marty - 02-21-2022, 10:49 AM
homebiscuit - by homebiscuit - 09-07-2021, 11:39 AM



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