It'll be interesting to see how the whole Ukraine situation will play out, but we know for sure that fuel prices are going to go through the roof in the next weeks or months. Sadly, while many people will suffer and lose everything, huge companies such as XOM are about to enjoy a windfall. Very sad but very true.
7 replies (most recent on top)
Huge companies don’t receive profits. Investors do. If you think huge companies will benefit invest in those companies.
XOM might enjoy this windfall but for most of us, this all means significant effects on our retirement accounts and pockets. Not a win-win but a win-loss
Inflation will flare up. We'll all pay for this big time.
Biden needs to reverse course on energy policy. Just this week he stopped new leases on federal lands. Open up the leases. Build KeystoneXL. Quit the anti industry reteric
Keystone ? Wake up Joe…Whitehouse is a cluster, .put these guys back to work
Midwest grandmas will be happy.
What is with DW statement about providing cheap and affordable energy to developing countries? Believe it is all lies...