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Energy stocks ignite at Trump declares ‘drill baby drill’ - MarketWatch

1. Trump's 'Drill baby drill' slogan boosts energy stocks. 2. National energy emergency declaration may accelerate oil and gas permits. 3. Withdrawal from Paris Agreement could favor U.S. energy companies. 4. Halliburton's stock rose 1.7% amid positive market sentiment. 5. Oil futures fell despite the bullish energy stock rally.

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FAQ

Why Bullish?

Trump's directive signals a positive environment for drilling companies like HAL, similar to past industry booms.

How important is it?

The article highlights a significant shift in energy policy that directly benefits HAL.

Why Short Term?

Initial market reactions suggest immediate gains, but long-term effects depend on implementation.

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