$Energy Select Sector SPDR Fund(XLE)$ XLE/SPY- energy stocks are trying to reverse the downtrend ( to me a giant bullflag ) against SP500. The recent Russia sanctions from Biden and the likely Iran sanctions from Trump, should also give oil prices a good price range of $75~$85 per barrel. Oil tankers are on fire $FRONTLINE PLC(FRO)$ $COSCO SHIP ENGY(01138)$ pullbacks are for adding. ( i will be posting when they retrace ) What have not took off are offshore drilling, which has been in a bear market for various reasons for a while. Trump has signal he will reversal the offshore dirilling restriction that Biden placed.