Replies to post #785 on Microsectors US Big Oil Index 3x Leveraged ETN (NRGU)

[Cuppy]

I believe the BIDEN Presidency will be BAD for AMERICAN OIL PRODUCTION and therefore bad for our economy. Am expecting our price at the pump to go up while our U.S. oil production and U.S. oil stocks earnings to go DOWN . So not too hopeful here.
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I wonder if during the Teddy Roosevelt Presidency (or another from about that time), holders of stocks in horse-powered buggy makers posted on iHub that his administration was going to be bad for the economy for privileging the nascent automobile industry...