Big Oil Has More to Fear From Truckers Than EVs
Published . Updated .
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This report is about oil and autos.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- CARZ First Trust S-Network Future Vehicles & Technology ETF
First Trust S-Network Future Vehicles & Technology ETF: it holds carmakers and parts makers. Linked by “evs” (autos) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+3.3% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- TSLA Tesla+7.1% 30d
Tesla (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “evs” (autos) in this story.
- COP ConocoPhillips+4.8% 30d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- SHEL Shell+1.1% 9d
Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +2.78% | +4.95% | base | +1.03% | after close | after close | after close |
| XLE | +2.11% | -0.95% | base | +1.45% | after close | after close | after close |
| CARZ | +8.87% | -1.58% | base | +0.00% | after close | after close | after close |
| XOM | +3.07% | +0.89% | base | +1.17% | after close | after close | after close |
| CVX | +2.73% | +0.67% | base | +0.71% | after close | after close | after close |
| TSLA | +1.44% | -5.67% | base | +3.65% | after close | after close | after close |
| COP | +0.96% | +0.52% | base | +1.23% | after close | after close | after close |
| SHEL | +4.68% | +1.86% | base | +0.31% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Big Oil Has More to Fear From Truckers Than EVs Bloomberg.com
Source: Bloomberg
Energy
| Company | When | Move | Status |
|---|---|---|---|
| CARZ | that day | 0.00% | still updating |
| CARZ | three days earlier | -1.58% | final price |
| CARZ | five days earlier | +8.87% | final price |
| COP | that day | +1.23% | still updating |
| COP | three days earlier | +0.52% | final price |
| COP | five days earlier | +0.96% | final price |
| CVX | that day | +0.71% | still updating |
| CVX | three days earlier | +0.67% | final price |
| CVX | five days earlier | +2.73% | final price |
| SHEL | that day | +0.31% | still updating |
| SHEL | three days earlier | +1.86% | final price |
| SHEL | five days earlier | +4.68% | final price |
| TSLA | that day | +3.65% | still updating |
| TSLA | three days earlier | -5.67% | final price |
| TSLA | five days earlier | +1.44% | final price |
| USO | that day | +1.03% | still updating |
| USO | three days earlier | +4.95% | final price |
| USO | five days earlier | +2.78% | final price |
| XLE | that day | +1.45% | still updating |
| XLE | three days earlier | -0.95% | final price |
| XLE | five days earlier | +2.11% | final price |
| XOM | that day | +1.17% | still updating |
| XOM | three days earlier | +0.89% | final price |
| XOM | five days earlier | +3.07% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 28 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 72 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 28 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 49 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 70 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Pete Sessions sold Tesla (TSLA) (held by a spouse), worth $15,001 - $50,000 on 2 Oct 2026. That is 40 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Tesla (TSLA) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 47 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Tesla (TSLA) (held by a dependent child), worth $15,001 - $50,000 on 11 Sep 2026. That is 61 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 77 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 79 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 82 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid the energy case looks
12 out of 100Price not final
“Big Oil Has More to Fear From Truckers Than EVs” scores 12 out of 100. The score uses 1 sources. The price is not final yet.