RE:UK Tax on Oil Companies.....Making the rounds now is Biden putting the Oil export ban back on, just get the sector over bought now so i can take off the trade before Biden pulls a rabbit out of his hat all for Nov. I will then get back in after the sell off for the long term damage done.
- The Biden administration appeared to reverse its previous position that it wouldn’t consider an oil export ban Tuesday.
- “I can confirm the president is not taking any tools off the table,” Energy Secretary Jennifer Granholm remarked, Reuters reported.