I believe theyâre getting it wrong again, and Iâm not... [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy Is It Game Over for Oil Bears? Keith Kohl | Apr 11, 2024 Stick a fork in oil bears, they're cooked. Look, my longtime readers in our investment community know that weâll never say, âI told you so.â Well, almost never. For us, weâve watched the bullish catalysts line up for months. Delusion had set in the mainstream media regarding demand â they were grossly underestimating it in the hopes of keeping a lid on crude prices. If you recall, both the IEA and EIA have been forced to continually revise their numbers to the upside. In fact, we saw it happen again last week! The Single Most Important Geological Discovery of Our Generation A tiny mining firm is at the forefront of mining the world's largest lithium deposit... And itâs NOT overseas in some politically unstable nation... Every single ounce of this record-breaking deposit is right here in America. With an estimated value of $1.5 trillion, it's about to launch this $5 stock into the stratosphere... [See the full details here.]( Game Over for Oil Bears In its latest [Short-Term Energy Outlook](, the EIA came out and said it all (emphasis my own): âThis month we revised the 2022 global liquid fuels consumption data available in our International Energy Statistics, increasing our assessment of global oil consumption that year by nearly 0.8 million barrels per day compared to last monthâs STEO. The historic data serves as a baseline for our short-term forecasts, affecting our view of energy markets this year and next. This monthâs revision to historic data, as well as current market dynamics, led us to increase our forecasts for global oil consumption in 2024 and 2025 between 0.4 million b/d and 0.5 million b/d in both years.â This means that the EIA now expects global liquid fuels demand to average 102.9 million barrels per day in 2024 and 103.8 million barrels per day in 2025. Naturally, this led the EIA to also boost their Brent crude price forecast this year to $89 per barrel this year. Given such a poor track record on these forecasts, itâs almost inevitable at this point that weâre going to see these numbers increase going forward. I believe theyâre getting it wrong again, and Iâm not the only one that thinks thisâ¦Â So buckle up, because things may quickly get out of control. [$34,200 Retirement Handout Starts on APRIL 18th.]( There isnât much time to waste... You could boost your retirement income by up to $34,200 a year simply by staking a claim on a new income stream hidden in the recent Inflation Reduction Act. Itâs 100% legal, but youâll need to move fast. The next payment is due on April 18th. [Discover the full details of this retirement income opportunity by clicking here.]( If there has been one catalyst that Iâve told you would rear its ugly head this year, itâs the tighter supply/demand balance in the market. This is especially crucial to understand considering the market has been overstating supply and understating demand for so long. This week, Vitol Group reported that global oil demand will grow by 1.9 million barrels per day this year â thatâs half a million barrels per day higher than the International Energy Agencyâs forecast. Itâs a recipe for $100/bbl oil that cannot be ignored, and certainly enough for the market to shrug off a bearish weekly oil report out of the EIA yesterday. A couple of days ago, I told you about [the last oil trade Iâm making before the summer starts heating up]( and that oil prices will start threatening $100/bbl again. As I mentioned then, the summer driving season hasnât struck just yet, and oil has felt a little overbought recently. However, it appears that any potential sell-off may not happen. If you havenât realized it yet, this is a serious problem considering that supply growth outside of OPEC+ is constrained; strong demand growth means that they can put more oil on the market to keep prices within a comfortable range. You know just as well as I do that this places an even greater value on those hidden domestic oil drillers that can successfully boost production going forward. [But donât take my word for it, this is an opportunity you have to check out for yourself.]( Until next time, [Keith Kohl Signature] Keith Kohl [[follow basic]Check us out on YouTube!]( A true insider in the technology and energy markets, Keithâs research has helped everyday investors capitalize from the rapid adoption of new technology trends and energy transitions. Keith connects with hundreds of thousands of readers as the Managing Editor of [Energy & Capital](, as well as the investment director of Angel Publishing's [Energy Investor]( and [Technology and Opportunity](.  Pfizer, AstraZeneca, and Sanofi All Partnered
With ONE Tiny AI Firm Did you know that the process of drug discovery and development typically takes 12 years? This marathon of research, trials, and regulatory hurdles that stretch over a decade costs BILLIONS for drug developers. It also skyrockets the cost of the drug itself... causing YOUR tiny bottle of prescription medication to be massively expensive. Thatâs why scientists across the globe are all turning to AI to speed up the process of drug discovery and development. So instead of taking YEARS to reach pharmacy shelves, these new medicines will only take months... And instead of costing several billions of dollars to develop, they will only cost millions. More importantly, though, these drugs will work BETTER than anything that was previously thought possible. And one tiny biotech firm has recently designed the first EVER medication to enter human clinical trials using this new method of AI-driven drug discovery. Big Pharma companies like Pfizer, AstraZeneca, and Sanofi have ALL announced collaborations with this company for its AI technology... But the best part is that it's stock trades for only $5 right now. [Learn more about this companyâs AI-driven drug discovery tech here.]( [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Energy and Capital, Copyright © 3 East Read Street, Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-877-303-4529](tel:/18773034529).