Once a high flier, priced in the $$$$ thousands, I've recently added Talos to my oil portfolio after hearing news of a Mexican plutarch pumping cash into it. An exploration company with wells in the Gulf of America (??), I'm betting on cheap oil to reverse trend.
When viewing the price of oil, in terms of gold, oil is historically cheap. Will "drill baby drill" become law of the land? Or will endless lawsuits limit increasing production over the next four years? In the end, the price of oil is still too cheap to ignore and while some estiguess that it could fall to $20-30, I'm still highlighting oil as a key play in my portfolio for 2025
When viewing the price of oil, in terms of gold, oil is historically cheap. Will "drill baby drill" become law of the land? Or will endless lawsuits limit increasing production over the next four years? In the end, the price of oil is still too cheap to ignore and while some estiguess that it could fall to $20-30, I'm still highlighting oil as a key play in my portfolio for 2025
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.