clr

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Fraser921
Posts: 2955
Joined: Mon Mar 22, 2021 11:48 am

clr

Post by Fraser921 »

only thing green today
dan_s
Posts: 34471
Joined: Fri Apr 23, 2010 8:22 am

Re: clr

Post by dan_s »

CLR should drift back to $70 because Harold Hamm will definitely pay that price if he is not out bid. He knows that it is worth a lot more.

Oil price seems to be bouncing back from "Fear of the Fed" this morning and Biden's new idea to suspend gasoline and diesel taxes is actually bullish for the fundamentals. Cheaper gasoline will keep more consumers on the road. It must be approved by congress and Nancy is against it. Even she knows that it is like putting a bandage on a broken leg.

Diesel shortage is the REALLY BIG PROBLEM.
Dan Steffens
Energy Prospectus Group
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