Most battles are won before they are foughtIf any country wanted to cheat OPEC they would have if they had the capacity. Becasue of ESG, not enough capital was injected to Oil and Gas exploration to keep up with depletion, Oil and Gas is still the most economical way of producing energy, it will take another 10 years for the rest to catch up, in the meantime, there will be shortages and should benefit VET, especially in Europe...I paid over $18 when it was paying 15% dividend, I do not expect a %15 dividend again but 5-8% would do for me...
Long VET and a Happy New Year to All!
C