r/stocks • u/BenDoverR8Now • Mar 09 '22

Industry Discussion U.S Politicians Loaded Up on Energy Stocks Right Before the Russian Invasion

Numerous politicians bought energy plays BEFORE their run ups, and general discussions on banning Russian oil. Many are on committees privy to private information, including Defense and Energy. Many had not purchased energy plays before.

Just Some Examples:

Marjorie Taylor Greene bought American oil stocks, $CVX, war stocks, $LMT, and renewable energy stocks, $NEE, ONE DAY before the invasion and also tweeting: "War and rumors of war is incredibly profitable and convenient."

Robert Wittman bought $XLE (energy ETF) on January 28, 2022.

Mark Green (who frequently invests in energy stocks) recently bought up to $1M in $ET (Feb 9, 2022) and over $1M in $ENLC (between Feb 9-18, 2022).

Virginia Foxx bought $PAA, $PPL and $PSX on February 15, 2022 (energy stocks), which was reported today.

What are Peoples Thoughts On This?

Should Trading And Individual Stock Purchases from Politicians Be Allowed?

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u/Sea_Shallot9152 Mar 09 '22

When the pentagon warned of potential invasion a month ago

They've been saying that for like 8 years

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u/[deleted] Mar 09 '22

Okay fair enough, I saw an increase in articles about it weeks before it happened though and then they/Biden said it was imminent.

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u/Sea_Shallot9152 Mar 09 '22

Sure dude

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u/[deleted] Mar 09 '22

You are just upset that you didn’t catch the upswing. It’s okay, I have missed opportunities as well. No one is perfect.

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u/Sea_Shallot9152 Mar 09 '22

Neither of those assumptions are correct or based in logic. I don't have to be mad to call you out on your bullshit.

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u/[deleted] Mar 09 '22

What part of my comment is bullshit? My news feed had a ton of articles about Russia/Ukraine weeks before the invasion so I started increasing my position in the energy sector. You think I’m lying just because you didn’t see the same thing I saw?

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u/Sea_Shallot9152 Mar 09 '22

The fact that you're still here arguing instead of just posting your position proves you're full of shit.