Is Oil Set for Huge Gains? Let's Look at the History of US Presidents...

History says, on average, as the first term ends of the recent US Presidencies, oil has increased --% or a near doubling.  With oil hovering around $54/bl in November, 2016, and after a covid selloff in March, 2020, oil has still a way to climb to reach its original starting price, nevermind a doubling.  Regardless, with the hopes of a vaccine and the world to approach normal as best as can be (with predictions of a vaccine in Q1 2021),  the stock market will at some point next year begin to price in plane travel, driving seasons, etc. as demand drivers of oil.  Credit to the chart below from www.macrotrends.net. 

Buy your Canadian oil and gas equities.