Bill Smead, chief investment officer at Smead Capital Management, joins ‘The Exchange’ to discuss Exxon’s potential bid to buy Pioneer Natural Resources, environmentalist resistance to Exxon’s expansion, and government effort to reduce oil growth. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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4 Comments
Ohh jezz thanks Sanctions. Democrats should be charged back for every dollar spent in energy by non Democrats taxpayers!! Who's with me?,
The Strategic Oil Reserve is drawn down to 17 days of oil left! Biden has been selling it to pay our DEBT! The Reserve is at a 41 year low and oil is expensive enough that Reserve is not being replenished. See explanation: https://youtu.be/3aXqwDE2_Y0?si=sgeQQxRudPxvulcO
Great for Europe and thanks to the current administration! Please, please end big oil, Saudi Arabia, Russia, other countries hold on high energy prices that are crippling the economies of the world. As it is now, every country in the world being held hostage to a few oil producing nations. It is outrageous when people like Smead are in favor of continuing this condition rather than helping countries to break free from this forced slavery. They are more concerned with maintaining the status quo and lining their own pockets than with doing anything to rectify this dominance by oil supplying countries or to curb the ill effects of climate change for which the oil industry is primarily responsible.
Man someone actually speaking truth for once