RE:Reasoned ResponseI think holding an oilco that has a very low debt burden, jumped on the repaying debt and shareholders first and has a very high dividend with a reasonable payout ratio is a good bet. They are run by a seasoned pro who is patient and methodical when it comes to capital spending. An interesing kicker today is the possible announcement from the fed's today that they will be supporting carbon capture with cash to the tune of 20B$ and since wcp has the largest ccus project in the world you are positioned well.
With all the horror stories about EV's charging issues and charging costs oil has a very long runway.