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Would $USL be a better investment? I've noticed it tracks with the price of oil much more closely and only has to renew 1/12 of its contracts every month. I tho
by j_m_b 6y ago
Would $USL be a better investment? I've noticed it tracks with the price of oil much more closely and only has to renew 1/12 of its contracts every month. I thought it would better bet for something to hold onto for a year or two and then sell when oil goes back up.
- SlowRobotAhead 6y agoIt’s a $10 now, yea maybe it’s goes to $20 in a year but with the stockpile now, I don’t see $30 happening again soon. Not a year soon anyhow. But I have no idea, I’d happily defer to others on this.
- revicon 6y agoA 100% return in a year is an amazing return on investment in my book (if you can stomach investing in fossil fuels)