How much longer will the Energy Sector have legs?

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I'm tempted to sell my oil stocks now while they are way in the green, which would more than settle my balance sheet.

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It's hard to sell the only thing in my portfolio that's been working. Long XOM, XLE, OKE, EPD, and PAA.

I think oil keeps running through the end of the summer, then sell some oil and switch to nat gas for the winter. Analyst saying NG could hit $20 next year.

Having gotten into midstream 4/20, with distributions just now getting back in the ballpark, I don't see a near term exit.

Refiners are printing presses right now and will continue to be because worldwide capacity is nowhere close to what’s needed with all the complex closures. VLO is my largest single holding and I’m not selling anytime soon.

I’m up big on PVL. Think I need to trim my position.

Saudis can screw us with a bat of the eye.

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I'm having PTSD from not selling Boeing, Airline & Cruise stocks in Fall of 2021

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I bought SE from $80 to $320 and back down to the $70 it’s at now. I’m sick about it.

XOM, PBT, DNN (uranium mining), WLL, AR, FRO (which is oil shipping) are all rocking.

Fuel is fairly inelastic and right now we're really testing that. People need gasoline to get back and forth between work and home and freight runs on diesel. Price is going to have to get high enough (and be there long enough) to curb demand significantly before we see oil begin to drop.

I think once the national average is above $5.00 for a few weeks, we will finally start to see habits change but I don't know when it will be enough to impact price.

With that said, I think there's still some growth left for another month or two as we're a stubborn, mobile society and there's no way on God's green earth that Joe Biden is going to turn back from his disastrous green energy theology.

This isn’t ending anytime soon

Woah. I inherited Exxon stock in 1992from a great aunt and hadn’t looked at it in a hot minute. Wowzers.

If I had any oil stocks, I'd take profit now. I think there is a big political component going on with the anti-oil, climate change, bureaucratic ideologues impeding domestic production in every way they can. It is certainly not the only thing, but bear in mind we were energy independent two years ago and gas was $2 a gallon.

After the mid-terms, the atmosphere will change and the impediments will be put in the public stocks. That will restore some of oil production's confidence.

The more our government squeezes the oil and gas industry, the higher the price will go