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Pat Dell's avatar

Oil companies (at least the ones that drill for oil and gas vs. downstream only) thrive on the price of oil. Chart oil price at the wellhead vs. oil company profits for the last 40 years and you'll see a direct correlation. Thus, as the price gets lower (better for the consumer, however), oil companies will suffer big time. I have to call BS on Trump and Tariffs good for oil companies.

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