103 Million Reasons to Buy Oil Right Now... but You’ll Only Need One

Right now, there are 103 million reasons to buy oil — one for every barrel of crude the world consumed on a daily basis in June. [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy 103 Million Reasons to Buy Oil Right Now… but You’ll Only Need One Keith Kohl | Aug 18, 2023 Ten years ago, the House of Saud was in dire straits. Every night, young Saudi princes would be wracked by nightmares of losing power and control over the world’s oil supply. Their parents would be equally perturbed, knowing there was no way to comfort them. Take a moment, close your eyes, and put yourself in their shoes. For decades, OPEC has been in total control of global oil markets. It could manipulate and bend oil prices to its will, openly cheat on production quotas, and gleefully laugh as the world consumed more and more of its crude. And with each passing year, we bought more and more of its crude. By 2007, nearly 6 million barrels of OPEC oil was being exported to the United States on a daily basis. Never before had we been so shackled to the House of Saud for energy. That joyful control of the world’s energy security came to a crashing halt in 2008 when the unexpected happened. Go ahead and look at one of the few things on Earth that can strike fear in the heart of the House of Saud: [u.s. oil production] How to Collect Passive Income From Tesla’s EV Charging Tech Companies that build EV chargers are eligible for $7.5 billion in funding from the Inflation Reduction Act. But there’s a catch… They MUST use Tesla’s charging technology in order to receive the funds. This is just another win in a series of victories for Elon Musk, whose goal is to make Tesla’s charging tech a national standard. But it also opens up a brand-new income stream for everyday Americans… One that allows ANYONE to pocket a few fractions of a dollar anytime an EV gets charged. [And you only need to take three simple steps to start collecting your own share of the spoils.]( Over the next five years, those Saudi princes grimaced in pain as U.S. oil production surged by 75%. So in 2014, they fought back the only way they could — by driving down oil prices in a desperate attempt to stifle the shale boom. By February 2016, WTI prices had plummeted below $30 per barrel. It was a bloody massacre in our oil fields. You could even argue that it worked at first, because 2016 was the first year since 2007 that U.S. domestic oil production declined year over year. Much to the Saudis' chagrin, U.S. oil output recovered over the next two years and started marching even higher. Little did they know all they had to do was bide their time and wait. And that’s precisely what they did… This Pill Will “Define the Next Decade” A new medical breakthrough smaller than the size of your pinkie is about to reshape human history. Because believe it or not, this tiny pill can eradicate every single sign and symptom of aging and disease... Which leaves you looking and feeling forever young. Don’t believe it? [Check out this proof...]( 103 Million Reasons to Buy Oil Right Now Right now, there are 103 million reasons to buy oil — one for every barrel of crude the world consumed on a daily basis in June. But the U.S. oil patch today is a far different landscape than it was in the early days of our tight oil boom; the years of wild growth are behind us. As it turns out, we were our own worst enemy. Last year’s draining of the SPR to keep a lid on oil prices is going to be a legacy that will haunt future administrations. Call the strategy a success for fending off incredibly high oil prices if you will, but the advantage is back in OPEC’s court. Sans legitimate growth in oil production, the SPR was the last tool left in our utility belt to fend off future price spikes. The Saudis (and Russia, for that matter) can now smell blood in the water.  And the House of Saud knows better than anyone that revenge is a dish best served cold. This situation also makes those hidden investment gems in the U.S. oil patch even more valuable than they already were, and I wouldn’t sit on [this]([opportunity](too long, either. Why? Because by the time you wake up tomorrow, we’ll be well into our next 103 million barrels. 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. 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).