OlegMDev
Long

CVX - Chevron, a good decision.

NYSE:CVX   CHEVRON CORP NEW
cvx
24 0 0
cvx
Based on the Bloomberg's special on CVX             "Inside Chevron: http://www.bloomberg.com/news/videos/2015-06-11/inside-chevron-bloomberg-special-report-06-11- ) and the recent case against EPA - "The U.S. Supreme Court ruling against the Environmental Protection Agency’s regulations on power-plant emissions ": ( http://www.marketwatch.com/story/epa-ruling-may-be-a-big-plus-for-natural-gas-2015-06-29 ) This may be a good oppertunity to add shares to one of the biggest energy producers. This LNG             project may be one of the best bets to power the world with natural gas             for 2016. XOM             , and other big oil             players with more gas exposure may benefit from this ruling short term too.

The one issue I have is that the guy assumed that renewable energy will take forever to get up to speed. "decades for wind and solar to be cheap and plentiful enough to rewrite the world built on fossil fuels." I doubt it will take decades, but in the mean time, buying this stock and collecting those dividends may not be such a bad thing, especially if oil             and gas is expected to last as an energy source for decades.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out