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Halls of Shrewd'm / US Policy❤
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Author: Blackswanny   😊 😞
Number: of 15058 
Subject: Drill Baby Drill.
Date: 01/24/2025 4:14 AM
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Oil stocks seem muted. Thinking about BRKs massive position in OXY?
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Author: Brickeye ✸  😊 😞
Number: of 15058 
Subject: Re: Drill Baby Drill.
Date: 01/24/2025 7:06 AM
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"Drill baby drill"- a simple line for simple people but hard to implement for hardened executives!

https://on.ft.com/4gaQ94z
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Author: DTB ✭  😊 😞
Number: of 15058 
Subject: Re: Drill Baby Drill.
Date: 01/24/2025 8:47 AM
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The problem for OXY with Drill Baby Drill is that their strategy has been Don’t Drill: Div Baby Div.
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Author: Blackswanny   😊 😞
Number: of 15058 
Subject: Re: Drill Baby Drill.
Date: 01/24/2025 9:07 AM
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Article available without paywall?
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Author: Blackswanny   😊 😞
Number: of 15058 
Subject: Re: Drill Baby Drill.
Date: 01/24/2025 3:28 PM
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Well the market seems to think negative it's negative for oil Co's below 50 again.
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Author: sykesix ✸🐝🐝  😊 😞
Number: of 15058 
Subject: Re: Drill Baby Drill.
Date: 01/24/2025 9:40 PM
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Article available without paywall?

See if this link works. If not, the jist is the oil companies don't want to Drill, Baby, Drill! The US is currently awash in oil and the oil companies want higher prices, not lower prices. So there is no particular appetite to invest in more production at the moment.


https://www.removepaywall.com/search?url=https://w...
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