Donald Trump’s push for a new oil boom faces resistance from Wall Street, with shale executives warning that US oil output in his second term will only rise slightly, due to investor pressure and economic factors. Despite Trump’s efforts to boost production and lower prices, shale companies are hesitant to ramp up drilling, citing profitability concerns and the depletion of prime drilling locations. The industry’s caution is driven by past volatility and current price pressures, leading to a projected slowdown in shale activity and reduced spending by major players like Chevron and ConocoPhillips.
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1 Stock That Turned $1,000 Into $163,000
Investors often focus on the technology sector for high returns, but other areas like retail can also yield significant gains. Since mid-July 1995, one retail stock has achieved a remarkable total return of over 16,000%, demonstrating the benefits of patience and compounding, making a $1,000 investment worth $163,000 today. Explain It To Me Like I'm 5: Some smart investors found a really good store to put their money in a long time ago, and now...
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