Tuesday April 11 2023
hdan Eberhart CEO of canary oil services
was on Morning with Maria today. çheck out his comment on the website abbove. He is also predicting $100 oil.
It is now cheaper to buy reserves in the ground via a stock purchase than by drilling. Team Biden makes oil production and drilling more expensive which pushes up the price. Eberhart noted Biden missed the chance to re buy what he depleted in the SPR in the low 60s, for get that now.
I have been recommending Nustar NS common with its fat 10% dividend. It broke out today, i doubly recommend its purchase.
There are several ways to invest in NS.
NSS is a long term bond also paying a high yield.
There are three preferred stocks
NS/PA
NS/PB
NS/PC
USO oil price is surging as well, we are bullish on the entire energy sector
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