The Sobering Insanity of Oil Sanctions

Forget China — THIS is where you need to look. [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy The Sobering Insanity of Oil Sanctions Keith Kohl | Jan 20, 2023 "Insanity is doing the same thing over and over again and expecting different results." Although this household witticism is largely attributed to Albert Einstein, its usage has been traced back as far as 1944 by novelist Rita Mae Brown. To this day, I’m genuinely shocked at how many times we see this quote aptly fit a situation. Right now, it’s a perfect fit for the global oil markets. Don’t worry, dear reader, you’ll have your chance to see it again on February 5, 2023. Why, you ask? Because that’s the day the next round of sanctions on Russia’s oil and gas industry will take place. And it’s clear that we haven't learned from our mistakes in the past. Fortunately for us, this bout of oil insanity is going to lead to a wild ride for individual investors like us in 2023. Here Lies Silicon Valley, RIP If you thought the tech crash was bad... you haven’t seen anything yet. Due to a massive shortage of one rare resource that’s critical to their existence... Silicon Valley and the $5.2 trillion tech industry are facing a death sentence. And only one tiny company can save them from disappearing. [Read more about the $1 company ready to revive Big Tech.]( The Sobering Insanity of Oil Sanctions Most of my readers can probably remember a time when oil sanctions failed miserably. Perhaps Venezuela comes to mind? Back in 2017, the U.S. Treasury Department shut PDVSA, Venezuela’s state-run oil company, out of financial markets after forbidding it to renegotiate or issue new bonds. Nearly a year later, former President Trump prevented any U.S. company from dealing with PDVSA. Over the next several years, we slapped restriction after restriction on Venezuela’s oil industry, including the oil embargo in 2018 and a general economic embargo in 2019. While the crackdown on PDVSA clearly pushed output lower, the cold, bitter pill to swallow here is that Venezuela’s real troubles began more than a decade earlier, when Hugo Chavez nationalized every oil asset in the country in his May Day takeover. You see, output had already been declining by that point, having reached 3.5 million barrels per day in 1998. Today, the country’s oil output has fallen to around 656,000 barrels per day. Granted, we’ll have to ignore the fact that Chevron was recently given the green light to resume production in Venezuela and export that crude to the United States. The problem is that Venezuela was an easy target, and both the EU and U.S. might find Russia to be a little more resilient. And here’s why…  Waiting to Catch the Next Bull Market? What if I told you there was [a reliable way]( you could pinpoint the next bull market? You see, for the past 50 years, technology has carried even bear markets into epic bull runs. But today’s tech has gone far too stale to save the market this time... And Big Tech is no longer a reliable indicator of a coming bull run. Now, this new strategy I’m ready to tell you about involves one key figure that the Federal Reserve cares about most... And by tracking it, we’ll know the exact moment the market will enter a new bull run. [Let me show you how you can also use this strategy to make a killing in this market.]( Although Venezuela’s oil output was effectively crippled while under sanctions, the heart of the problem was rooted in other areas. Decades of corruption and a lack of expertise were far greater contributors to PDVSA’s downfall. When the new sanctions are placed on Russia’s oil industry on February 5, 2023, Putin won’t even bat an eye. He doesn’t have to! The reason is simple: Russia will just find a new buyer. Actually, it already has. For months now I’ve been telling you about the consequences of China’s reopening. That event alone should be enough to turn the bears bullish as demand surges higher. I want you to forget China. Russia has found a new home for its formerly EU-bound crude supplies — India. Last November, India imported nearly 1 million barrels of oil per day from Russia. Indian demand is at record levels, and demand for products like gasoline and diesel is going through the roof. Last week, I told you that a new world energy order is forming in our post-COVID world. Well, we just got one step closer. Until next time, [Keith Kohl Signature] Keith Kohl [[follow basic]Check us out on YouTube!]( 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. [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. 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