President Biden stops oil in Alaska, and tweets about it
(twitter.com)
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That's presuming they can drill enough to put the prices down and they aren't already near capacity.
I wouldn't assume that. You could be right, but in my opinion, oil and gas in general is a bad option right now. You don't want oil to rise more than it already has because demand crumbles. You don't want oil to fall because your investment will.
Time to go for defensive stocks. (not defense stocks, unless you have zero morals).