OXY, going long.
Updated
The energy sector is overlooked. I believe OXY presents itself as a valuable investment for generations. From essential resources to services, there is no doubt there lays a mint of life long cash-flows. Energy prices are volatile and this company is established to survive a stress tested $30 Oil prices.
Trade active
Berkshire Hathaway added to their stake 17, 18, 19.Note
WASHINGTON (AP) — President Joe Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, a last-minute effort to block possible action by the incoming Trump administration to expand offshore drilling.
Biden, whose term expires in two weeks, said he is using authority under the federal Outer Continental Shelf Lands Act to protect offshore areas along the East and West coasts, the eastern Gulf of Mexico and portions of Alaska's Northern Bering Sea from future oil and natural gas leasing.
Note
It's getting kind of cold isn't it? #naturalgas
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