Day: September 19, 2023

Oil Stock Disconnect

[…] Fortunately for us, push eventually comes to shove. Since there is no end in sight in the demand for fossil fuels and there is only criticism for those who are poking holes in the ground to find oil and gas, something has to give. The something that has to give is either a massive increase in oil and gas drilling, or more likely, a consolidation of the industry by the very large-cap companies who were so scared to do this a few years ago at much lower prices. The proverbial “drilling for oil on the New York Stock Exchange (NYSE).” […]

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