Pretty much says it all. Oil / petroleum / coal prices are going up - so, caution about making any bets against the large coal and oil producers.

submitted by Cancelthis from self.Options

Crude Oil Nov 23 (CL=F) NY Mercantile - NY Mercantile Delayed

93.06+2.67 (+2.95%)

As of 11:02AM EDT.

all 2 comments
sorted by:
top
newinsightfulfun

[–]IkeConn 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Biden won't be President forever.

[–]Cancelthis[S] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

Hi - this is really a very circumstance dependent thing.

Will there really be a shut down ?

For example, British Petroleum has more than likely been an effective short in the last 2 months.

Will return with a summary of that, maybe.