(Updated) Oil Outlook 2022: My #1 Oil Stock for $100 Crude

Keith Kohl peels back the curtain and gives investors his No. 1 stock for $100 oil. Keith Kohl peels back the curtain and gives investors his No. 1 stock for $100 oil. [Energy and Capital logo] (Updated) Oil Outlook 2022: My #1 Oil Stock for $100 Crude [Keith Kohl Photo] By [Keith Kohl]( Written Mar 02, 2022 I’m going to tell you a secret today. The last time I told someone, they mistook it as a joke and practically laughed me out of the room. Believe me, they had good reason to. It was in mid-April of 2020, just a month after the U.S. locked down tight from COVID-19, and something astounding happened to oil prices. For the first time in history, you could’ve been paid to take oil off people's hands. The front-month May WTI contracts plummeted 306%, settling at negative $37.63! The blood was flowing freely that day in the market, and the air was ripe with panic. Now, there were several catalysts that lined up perfectly to create such a perfect storm for volatile oil prices, but even the merest hint that people should be buying oil hand over fist that day would’ve gotten you laughed out of the room… just like it almost did to me. Now, I’m not here to play Monday-morning quarterback because I’m certain my veteran readers understood just how critical that moment was for energy investors. Those of you who jumped on the buying opportunity of a lifetime back then are shouting, “I told you so!” nowadays as you smile at your portfolio. But today, we find ourselves in a radically different climate for oil markets. And here’s the secret: It’s just as bullish for individual investors like us. This New Strategy Just Made Biotech Investing SUPER Easy When a biotech company releases a new drug or treatment that fills an immense demand, its stock is virtually guaranteed to rise sharply higher. And thanks to a groundbreaking algorithm that can predict down to the very day a biotech stock will pop with up to 95% certainty... You have a shot at earning six triple-digit winners from biotech stocks every month! [Learn more about this strategy and take it for a test run today.]( My New No. 1 Oil Stock for $100 Crude Look, rising crude prices are no longer hiding in the closet. In my last "[Oil Outlook 2022](", we broke down price projections and I gave you my No. 1 oil stock for 2022. For my loyal readers, it should be no surprise that it was Diamondback Energy, one of the premier independent drillers in the Permian Basin. Look, we knew oil was hurtling toward $100 per barrel — it was simply an inevitability at that point. After all, demand had been rising as we moved out of the COVID pandemic, and the biggest production growth in the country would take place in West Texas. It felt like shooting fish in a barrel… and we were! Since we targeted Diamondback last September, the stock has built some incredible momentum as crude prices closed in on that $100/bbl psychological benchmark, with shares climbing more than 70% during that period. Not too shabby. But the thing is there could be better, more profitable gems out there that are hiding in plain sight. Green Energy Is a Pipe Dream Without This Substance See this unmarked tank? [mi green lift tank] It contains a revolutionary substance. Experts call it the "ultimate energy storage." Thanks to Biden’s $1.7 trillion clean energy program, the demand for this substance is expected to skyrocket by 3,779%. His 100% renewable energy plan won’t be possible without this kind of energy storage. [One tiny company]( owns the patented technology to make this substance at an ultra-low cost. Its stock could see extraordinary gains soon. Shares trades for less than $1... But with a huge announcement likely around the corner, this could change very soon. [Click here to find out what this is all about.]( Here we are, with [Russia and Ukraine in the thick of war](, and front-month April 2022 WTI crude contracts blowing past that $100/bbl threshold yesterday, trading as high as $106.78 per barrel. However, it’s more than war that's driving crude prices. While nearly all eyes are fixated on the conflict in Ukraine, there are more long-lasting bullish forces at play. Despite $100/bbl being a reality, it’s going to take demand destruction to put significant downward pressure on crude prices. Unfortunately for the bears, that’s the opposite of what we’re seeing. You see, U.S. petroleum demand is at record highs. Did you notice when the EIA reported that we consumed 22.7 million barrels of petroleum products two weeks ago? For a little perspective, that’s the most we’ve ever seen on record. Or did you notice that U.S. stockpiles of crude oil are well below the five-year average? So it’s with that in mind that I’ll tell you a story, perhaps the most profitable one you’ll hear in 2022 while crude oil is above $100 per barrel. Early Bitcoiner Is Now All-in on THIS Christian DeHaemer was one of the first independent financial analysts to recommend Bitcoin and Ethereum... setting people up to make over $1 million with a starting stake of just a few thousand dollars. But right now, he’s tracking six tiny NEW cryptocurrencies, each of which has the potential to rise 10,000% or more in the VERY near future. Check out his urgent report on the next generation of cryptocurrencies by [clicking here NOW.]( Here’s What They Won’t Tell You About $100 Oil It’s a story of 2.2 trillion barrels of oil locked underground, and how a small group of brave men and women are trying to rescue that long-lost crude. And here’s the best part… Every single drop of it is going to be of use. In fact, few investors realize that the United States buys more of this oil than it does from anywhere else in the world. This single source supplies us with nearly 60% of ALL our foreign crude oil. That's 4.7 million barrels of crude oil flowing into the U.S. every single day, and that number is going to continue growing going forward. Of course, I’m referring to Canada. And although Canadian oil companies have been beaten to a bloody pulp for more than a decade — ever since the shale boom flooded the U.S. with a fresh supply of light, sweet crude — they didn’t die. They were simply hibernating, biding their time until $100 oil reared its ugly head again. And when it comes to major Canadian oil players, you don’t get much better than Cenovus Energy (NYSE: CVE). You’d be hard-pressed to find a better-performing oil stock in North America in a high oil price environment. The perfect storm for oil prices isn’t forming later in 2022 — it’s here now. Until next time, [Keith Kohl Signature] Keith Kohl [[follow basic]@KeithKohl1 on Twitter]( A true insider in the technology and energy markets, Keith’s 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](. For nearly two decades, Keith has been providing in-depth coverage of the hottest investment trends before they go mainstream — from the shale oil and gas boom in the United States to the red-hot EV revolution currently underway. Keith and his readers have banked hundreds of winning trades on the 5G rollout and on key advancements in robotics and AI technology. Keith’s keen trading acumen and investment research also extend all the way into the complex biotech sector, where he and his readers take advantage of the newest and most groundbreaking medical therapies being developed by nearly 1,000 biotech companies. His network includes hundreds of experts, from M.D.s and Ph.D.s to lab scientists grinding out the latest medical technology and treatments. You can join his vast investment community and target the most profitable biotech stocks in Keith’s [Topline Trader]( advisory newsletter. Browse Our Archives [How to Make a Fortune From Olive Presses]( [Vlad vs. the World]( [Putin Chooses War, and the Extreme Energy Crisis That Comes With It]( [Elon Musk Has Done More for Humanity Than Any of These Fake Social Justice Warriors]( [Pentagon Just Named This Chipmaker Its New "Trusted Supplier"]( --------------------------------------------------------------- This email was sent to {EMAIL}. 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