Veren Inc T.VRN

The plan...

[packerdriver]

Bessent, Trump's pick for Treasury Secretary, has a plan to turbo charge the US economy that includes increasing US oil production by 3 million barrels a day!!! (to 16+ million) Sounds like Trump voters will be rewarded with cheap gasoline prices.Hooray!

[tylerreddick]

Trump is so stupid he actually believes some of the verbal diarrhea he spews on a daily basis. The sweet spots have been already drilled, so further increases in production will be harder to accomplish.

[Moemoney42]

I agree Tyler.. there's no way these companies are going to drill themselves into bankruptcy like the last time tRump was in power.. too many O&G companies went bellyup in that "drill baby drill" fiasco.. LOL..

[Seppelt]

Some pundits say that Permian is running out of tier 1 and becoming gassier. Others say that it's a matter of CapEx. XOM, in jurisdictions run by woke dems, has been sued for climate change. California is also suing it over recycling of plastic bottles. But then it spent $60 Billion buying Pioneer, a major producer in the Permian. In a new friendly regulatory and political environment, XOM

[Ztransformer]

I agree Tyler.. there's no way these companies are going to drill themselves into bankruptcy like the last time Trump was in power.. too many O&G companies went bellyyy uppp in that "drill baby drill" fiasco.. lmao z172