Morning Thoughts – Gas up, green confusion

My positions as of pre-market 2/1/21

Well I’m already getting called. I added SWN and RRC to my list. Gas is up on winter demand strength, but will it last? I’ll stay positioned how I am. Is “green” energy really going to phase the oil industry? I think, if anything, global oil demand will continue to grow. So to keep it short, I think if US oil demand continues to plateau or even decline, exports of US oil will grow. I don’t know much about oil, but it seems most other countries like US oil because of the weight of it…. That’s about all I know. If it’s a high demand oil, then it will get exported. I’m going to be looking into that some. I gotta go. I’m staying put today. Good Luck


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