Veren Inc VRN

Drill baby drill... oil heading lower

[Anschutz]

That's it. That's the post.

[barneyj44]

Drill baby drill, what a crock of bs. Oil companies have a new mantra and work for the share holders.  Trump is a PT Barnum huckster. He will be good for oil prices when he sanctions Iran again.

[packerdriver]

Ya really think so??? Iran produces 3 million barrels a day...or THREE PERCENT of the world's output. https://www.reuters.com/markets/commodities/irans-oil-exports-tensions-with-west-2024-04-16/ I really get a good laugh at Canadian oil investors that are on the "Trump train"....they might just as well get cash out of their bank and set it on fire. The last time US production surged

[sebastian2]

That is really not that much with US producing 13% and Canada just shy of 5%.  Look how sanctions worked out against Russia, they will sell to China and India anyways.

[Citizen13]

This post has been removed in accordance with Community Policy

[Marty47]

WIIFM ( what's in it for me ) will be what oil producers are looking for , it's ok to oil go down to 75$ but why pump more if they loose money , trump will need to do a chalk talk with them to show the benefits of pumping more , for sure he may help oil and gas with the money from clean energy act as it will be kill , oil lower will need to benefits not just citizen of the USA but