Jun. 23 at 6:34 PM
$APA Started mining cheap oil in Suriname. Most of its earnings come from drilling and pumping oil in the US. IF there is a regional war, or if Trump puts tariffs on foreign oil, then
$APA will make a lot more money then expected.
Iran could shut off the straight to ships NOT going to china. It would be complicated but they could do it.
$APA was beat up a bit too much today. I don't catch falling knives and if i do I sell quick. But I think
$APA is pretty cheap, Might have an overnight rally if China wakes up and Oks a blockade.
Trumps Drill post is very bullish to US producers. Hopefully the US puts Tariffs on Oil soon.