Geopolitics Alpha

Letters to the Editor: Culver City and L.A. County led the way in curbing oil production

Published . Updated .

Key takeaways

  • Exposed: USO, XLE, XOM, CVX, COP
  • Market reaction: USO +0.7% on the day (still updating); XLE −0.1% on the day (still updating); COP −0.9% on the day (still updating)

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ENERGYLetters to the Editor: Culver Cityand L.A. County led the way incurbing oil productionGEOPOLITICS ALPHA

This report is about oil.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+8.9% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • XLE Energy Select Sector SPDR+8.9% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.

  • XOM ExxonMobil Holdings+6.2% 16d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • CVX Chevron+12.5% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) 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-2.5% 12d

    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

TickerT-5T-3T-1T0T+1T+2T+3
USO+4.37%+7.30%base+0.72%after closeafter closeafter close
XLE+1.44%+2.16%base-0.11%after closeafter closeafter close
XOM+0.06%+1.89%base-0.60%after closeafter closeafter close
CVX+0.19%+1.58%base-0.56%after closeafter closeafter close
COP+0.74%+2.12%base-0.93%after closeafter closeafter close
SHEL-0.17%+2.59%base-0.82%after closeafter closeafter 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.

Letters to the Editor: Culver City and L.A. County led the way in curbing oil production Los Angeles Times

Source: Los Angeles Times

United States Oil Fund (USO) since this story, compared with the market

CompanyWhenMoveStatus
Conocophillips (COP)that day-0.93%still updating
Conocophillips (COP)three days earlier+2.12%final price
Conocophillips (COP)five days earlier+0.74%final price
Chevron (CVX)that day-0.56%still updating
Chevron (CVX)three days earlier+1.58%final price
Chevron (CVX)five days earlier+0.19%final price
Shell (SHEL)that day-0.82%still updating
Shell (SHEL)three days earlier+2.59%final price
Shell (SHEL)five days earlier-0.17%final price
United States Oil Fund (USO)that day+0.72%still updating
United States Oil Fund (USO)three days earlier+7.30%final price
United States Oil Fund (USO)five days earlier+4.37%final price
Select Sector Spdr Tr (XLE)that day-0.11%still updating
Select Sector Spdr Tr (XLE)three days earlier+2.16%final price
Select Sector Spdr Tr (XLE)five days earlier+1.44%final price
ExxonMobil Holdings (XOM)that day-0.60%still updating
ExxonMobil Holdings (XOM)three days earlier+1.89%final price
ExxonMobil Holdings (XOM)five days earlier+0.06%final price

Trades by members of Congress and officials in the stocks in this story

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).

Companies in energy around United States Oil Fund (USO)

Companies tied to this story

  • USO United States Oil Fund

    In “Letters to the Editor: Culver City and L.A. County led the way in curbing oil production,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

  • XLE Select Sector Spdr Tr

    Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Letters to the Editor: Culver City and L.A. County led the way in curbing oil production.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

  • XOM ExxonMobil Holdings

    For “Letters to the Editor: Culver City and L.A. County led the way in curbing oil production,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • CVX Chevron

    In “Letters to the Editor: Culver City and L.A. County led the way in curbing oil production,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • COP Conocophillips

    In “Letters to the Editor: Culver City and L.A. County led the way in curbing oil production,” Conocophillips (COP) is linked, with no stored direction, medium confidence. Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • SHEL Shell

    Shell (SHEL) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Letters to the Editor: Culver City and L.A. County led the way in curbing oil production.” Reason on file: Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

United States Oil Fund (USO) and the energy link

On 3 Nov 2026, “Letters to the Editor: Culver City and L.A. County led the way in curbing oil production” is the story that connects United States Oil Fund (USO) to Energy.

The link for United States Oil Fund (USO) is this: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

What this energy story puts on the calendar

USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 156.89. XLE traded between 62.95 and 70.15 across 20 sessions. The latest close on file is 67.26. XOM traded between 172.72 and 188.47 across 15 sessions. The latest close on file is 179.77.

What the saved facts support for United States Oil Fund (USO)

46 out of 100Price not final

“Letters to the Editor: Culver City and L.A. County led the way in curbing oil production” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.