Post #53059 by UpNorthJoe on the US Policy board

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"Take Russian, or Iranian, or Venezuelan, oil off the market, and the customers need to bid against others for oil from somewhere else. Ever since Trump's first meeting with the Japanese PM, shortly after the inauguration, part of each "arty deal" has been increased purchases of US oil and gas."

And despite all the tailwinds, I think the energy etf XLE is only up 4.5% YTD.
Trump doing everything he can to prop them up, that is a pretty weak performance.
Maybe oil/energy investors are seeing something that worries them,lol

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