Why are stocks for oil/gas companies going up?

Answers

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“2 reasons 1) Economic activity is picking up worldwide causing more demand which raises prices 2) When demand was low OPEC cut production to raise prices, production has not yet been increased so prices keep rising.”

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“Biden’s insane energy policy.”

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“Lots of reasons.  Supply and demand which the little commies in government don’t understand.  President Biden caused a huge jump in oil when he recently stopped leases on public land.  Monstrous amounts of oil will be needed to create the electricity for Teslas EVs.  Half of all clothes, the bottoms of shoes, drugs, auto tires and all plastics are made out of oil. Nearly all ‘green” energy is created by oil companies.  Nearly all the money spent to fight global warming is oil money.”

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“Commerce and employment are going up and more people are going to be expected to resume commuting. .”

“Trump’s vaccines are working and Republican governors are reopening businesses and the economy. Things are looking up. Someday soon even the Liberal school teachers will go back to work.”

“Supply and demand. Everyone is getting vaccinated and no longer staying home. .”

By Alexandre Laurent

Alexandre Laurentl is working in the jewelry and investment gold since 2002. Alexandre graduated from The Normandy School of Business and from the University of Perpignan a Bachelor of economics in 1995.

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