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Politics And The Markets 12/28/21

Dec. 28, 2021 12:00 AM ET518 Comments
Political Comments profile picture
Political Comments

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Political Comments profile picture
This is the go-to destination for political comments on Seeking Alpha.These comments are not regulated with the same rigor as the rest of the site, and this is an 'enter at your own risk' area as discussion can get very heated. If you can't stand the heat...you know what they say...The one guideline we do still require strict adherence to is refraining from personal attacks on fellow commenters. Regardless of which side of the political divide you find yourself, please be courteous and don't direct abuse at other users.

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Comments (518)

Techy said it was good discussing issues with all of you if this access to chats ends. I agree with techy and all of you even if I didn't necessarily support your views. Have a great 2022 and thank you Pres. Biden for the 40% gain in my portfolio since January.
Load up on o&g and skip out before the end game after math
Now that’s investment strategy at its finest
Total ?
Didn’t know you had avid fully invested oil patch wokes in your ranks huh 🤔 ?
You guys have no unity
You guys shot your selfs in the foot with your filth fuel campaign and rhetoric with out knowing what you were talking about
That’s how you got elected too
2022 is slated for the highest global consumption of O&G in history
And we only have 11 years to go before that point of no return
So what do you have to say about that little wokies ?
One guy’s gets 5 the others get 11 who’s the sucka ?
Ben Gee profile picture
@al roman The point of no return is now. We have more floods, more hurricanes and more tornadoes then ever before.
We only have one month supply spr Don filled them when prices were low Obama emptied them
If Wall Street was told 5 years they would try to care too
Money 💵 on this planet 🌏 is not everything it’s the only thing
Ben Gee profile picture
@al roman Money cannot buy everything, but without money, you can buy nothing.
@Ben Gee tell the landlord we have no more and then let’s head over to Walmart like they do in WA
Wall Street doesn’t care about your politics they have there own politics like mic.
Those guys die like vicious dogs the women too
C. King Alpha Flunkie profile picture
A Venezuelan businessman filed a defamation lawsuit this month against Fox News, its former host Lou Dobbs, and Sidney Powell, alleging they falsely implicated him in an election-rigging scheme and demanding $250 million in damages.

The businessman, Majed Khalil, says Dobbs and Powell wrongly wrapped him up in their conspiracy theory that Smartmatic and Dominion Voting Systems — two rival election-technology companies — worked to rig the 2020 presidential election against then-President Donald Trump and in favor of now-President Joe Biden.

Dobbs and Powell, in media appearances and social-media posts, both pushed elements of the false theory that alleged Khalil was once the "COO" of an operation to rig votes for the now-dead Venezuelan President Hugo Chavez and that he was involved in a plot to rig the 2020 US presidential election as well.

In the lawsuit, Khalil denied he had any affiliation with Smartmatic or Dominion and said he has never been involved in any US elections. The lawsuit also says that neither Powell nor Dobbs reached out to Khalil before making their allegations. www.businessinsider.com/...

Powell and Dobbs could be heading for bankruptcy. Looks like they defamed a lot of people and a couple of companies.
David Crosetti profile picture
If you are long in the Energy Sector, you have to be loving this. Oil prices are like other commodities and are driven by supply and demand. Thanks to the focus on green energy as a policy decision, the price of gas and the price of oil stocks has been nothing short of spectacular.

The run up is not over and won't be for a while. Profit. Thrive. Enjoy.

Gas prices will continue to rise next year, potentially reaching a dreaded national average of $4 per gallon before they come back down, industry analysts said Thursday.

In a report shared with CNN, a forecast from GasBuddy, an app that tracks gas prices nationally, predicted that the national average price for a gallon of gas will reach $3.41 in 2022, a full 40 cents more expensive than the current national average of $3.02 a gallon.

Analysts say prices will reach a peak of at least $3.79 in May before they start to decline, and possibly more.

"We could see a national average that flirts with, or in a worst-case scenario, potentially exceeds $4 a gallon," Patrick De Haan, the director of petroleum analysis at GasBuddy, told CNN.

Economists have attributed inflating gas prices to Americans getting back on the road as coronavirus pandemic restrictions have eased. People are taking their cars to go to work, go out, and visit friends and family, and that means they need gas.

"Demand has come roaring back," De Haan said, explaining that "supply is still catching up after getting cut greatly in 2020."

The expected price increase is disappointing news, considering that gas prices have been slowly decreasing over the past few weeks. According to the American Automobile Association tracker, the national average price gas fell to $3.29 per gallon on Monday, down from $3.42 on Nov. 8.

The Biden administration has taken credit for for the relief in gas prices, citing President Joe Biden's decision to release 50 million barrels of oil from the Strategic Petroluem Reserve on Nov. 23

But the administration has urged oil produces to do more to increase supply and drive prices down, after initially resisting calls to do so.

At a meeting of the National Petroleum Council earlier this month, Energy Secretary Jennifer Granholm called on domestic oil and gas executives to step up, the Washington Examiner reported.

“While I understand that you may disagree with some of our policies, it doesn’t mean that the Biden administration is standing in the way of your efforts to help meet current demand,” Granholm said. “Please take advantage of the [federal land drilling] leases that you have. Hire workers, get your rig count up."
Namron Damron profile picture
@David Crosetti I hit it hard beginning in 2018 and went against the grain of all analysts. Long OXY, CVX, XOM, DVN, EPD, EQNR, RDS, and MRO. I expect it do well for a couple of years at least.
@David Crosetti but u cant get any new federal leases.
You deceived us.
MyPrivilegeIsShowing profile picture
Lockdowners need to retire the phrase “kids are resilient.” The crushing wave of children who failed classes, suffered declining mental health, or committed suicide during lockdown didn’t do so because they’re not “resilient” enough.

Reflect on the real reason. Destroy teachers’ unions
Joe will defeat vortex
Ben Gee profile picture
@al roman Joe is the lessor of 2 ev....
@Ben Gee wrong.
Joe defeated the western anti christ trump now the eastern anti christ and establish crt and vaccination 💉
‘Karen’ who slapped Delta passenger is ex-‘Baywatch’ actress Patricia Cornwall

Anomalies happening all over the world 🌎
Mother Earth 🌏 🤮
Ben Gee profile picture
@al roman Global warming is here, more severe weather than ever before.
Heavy weather huh 🤔 ? And it’s cold 🥶
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