XOM / CVX had facilities there; were nationalized yrs ago; sued
for claim. They will have 1st right to recoup losses and highly
likely have large influence in recent events and going forward.
Those charts, as Matt has shown, look swell. I mentioned in a
previous post that Buffett is typically moves ahead in strategy and
he has positioned BRK accordingly in this space. Again, volatility
comes w/ territory though.
XOM / CVX had facilities
XLE weekly screams false b/o. not sure it corrects so ...
Posted by mitchell on 7th of Jan 2026 at 02:28 pm
XOM / CVX had facilities there; were nationalized yrs ago; sued for claim. They will have 1st right to recoup losses and highly likely have large influence in recent events and going forward. Those charts, as Matt has shown, look swell. I mentioned in a previous post that Buffett is typically moves ahead in strategy and he has positioned BRK accordingly in this space. Again, volatility comes w/ territory though.
Really smart people on this
Posted by Sammy2008 on 7th of Jan 2026 at 02:39 pm
Really smart people on this forum. Thanks all for your input.