$SNEC oil on the rise, natural gas continuing its rise back to high looking for some 3-3.20 numbers in coming weeks. happy time coming for SNEC more money flowing in means more debt getting knocked out, now that capex has been cut to the literal bone.
Agreed on tensions in Middle East, has actually been simmering for some time, first the Iran backed rocket strikes into Israel then the threats to cut off Persian Gulf which is easier than one would think. A few attacks would not put a wall up but would slow shipping to a trickle effectively shutting it down. They don;t have to do it, the groups in the Saudi, UAE etc will do it for them with the help of their cash.
Its all been swept under the rug for a while, now its coming to the surface and the talking heads on the left cannot keep it out of the news anymore, they tried yesterday and wer effective, bears came into oil, then last night. It's all just getting started and contrary to popular left wing belief its not Trump doing it its Iranian backed groups.
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