Rep. Dan Crenshaw discloses purchase of triple-leveraged oil ETF

The lawmaker reported the trade while serving on the Energy and Intelligence Committees, as the post also highlighted gains on prior picks including AMZN, AAPL and FAS since 2022.

Summary

Rep. Dan Crenshaw disclosed a purchase this week of a triple-leveraged oil ETF, a high-risk fund designed to amplify daily moves in oil-linked exposure. The disclosure comes while he is serving on the Energy and Intelligence Committees. The post also pointed to his past stock-picking record since 2022, citing AMZN at +77.7%, AAPL at +73.8%, and FAS at +98.1%.

Terms & Concepts
  • triple-leveraged oil ETF: Exchange-traded fund targeting three times daily oil-linked moves