Post by
Galic1 on Aug 09, 2022 6:03pm
Warren Buffet
He recently raised his stake in Oxy to 20 % the gains in energy are not over and we will have another leg up as stated on CNBC
Comment by
MigraineCall on Aug 10, 2022 1:51am
Aside from his expectation of higher oil prices and cash flow, the main reason for his increasing investment in OXY is for it's future huge carbon capture revenues. Soon, the US will impose higher carbon taxes and issue credits to CCS projects in order to bring an end to global climate change.