Watch Jim Cramer explain the oil market. So much of Russia's economy is oil based and Jim does not see it going much higher, price wise, because of U.S. shale/fracking production. And he gives credit to Trump for unleashing that production through deregulation, which benefits the transporters immensely.
I think his idea that the pipelines benefit the most is right on target. Look for pipelines that move oil out of the Permian Basin, a very low cost production area as an investment opportunity. The good news is that they all pay pretty healthy dividends.
Sorry, the link will not post but his video can be found on Yahoo Finance Home Page.
I think his idea that the pipelines benefit the most is right on target. Look for pipelines that move oil out of the Permian Basin, a very low cost production area as an investment opportunity. The good news is that they all pay pretty healthy dividends.
Sorry, the link will not post but his video can be found on Yahoo Finance Home Page.
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