[Energy and Capital Header] Practical Investment Analysis for the New Energy Economy Keith Kohl | November 14, 2023 Last month, I mentioned a few of the demand delusions permeating within global oil markets. This isnât a new phenomenon, mind you. Back in June, the IEA released a report stating that growth for the worldâs demand for oil would slow to a halt in the coming years. More recently, the IEA doubled down on its bearish demand outlook. The Oil Market Report it released in October last month called for global demand growth in 2024 to slow to 900,000 barrels per day. According to them, demand destruction has hit emerging markets hard. OPEC countered this week, reaffirming its call that demand in China was strong, and chose to pin the blame for weakening crude prices on speculators. Just yesterday, it raised its 2034 forecast for oil demand growth to 2.46 million barrels per day. OPECâs current projections are that global demand will grow next year by 2.2 million barrels per day. Whoâs right, whoâs wrong? As we sit back and watch WTI crude trading below $78 per barrel, prices have completely wiped out the geopolitical premium that was added since the October 7th attack on Israel. Whenever I see this kind of opportunity present itself, thereâs a little saying I like to use⦠Buy oil now and thank me later. Well, itâs time to buy oil⦠again. 9 Billionaires Shifting Funds Here (Plus Warren Buffett) The smartest investors in the world are making a BIG move right now. David Tepper, Steve Cohen, Bill Gross, Paul Tudor Jones, Jeremy Grantham, George Soros, Carl Icahn, Jim Simons, and Larry Fink... They're jumping into oil and gas stocks with both feet. Meanwhile, 99% of investors canât see whatâs coming. According to Keith Kohl, our oil and gas analyst, three powerful economic triggers are converging on the oil markets right now... A "perfect storm" unlike anything weâve seen in 50 years. The last time this happened, a small group of oil companies made 20x returns in a few years. Some gains were as high as 3,000%! Thatâs exactly the type of oil company Keith is recommending today.  Heâs calling it "the No. 1 oil stock of the decade." [Get the name and ticker here before oil prices surge higher.]( Look, whenever oil prices move in either direction, thereâs certain rhetoric weâre going to see plastered across media headlines. The IEA goes bearish on oil prices, then OPEC goes bullish. Itâs a yin and yang force that has been present all year. On the one hand, demand destruction â particularly in China â is no trivial matter. Not only is it the largest of all emerging market economies, but itâs expected to be responsible for an overwhelming amount of the worldâs demand growth going forward. In some projections, China accounts for approximately 77% of demand growth next year. On the other hand, how many times can someone cry wolf over Chinaâs imminent economic collapse before we outright ignore it; thatâs what a lot of people â including the IEA â have been predicting for more than a year. I say forget the sensationalism, and all the other hyperbolic noise in media headlines. Look at what we know, what we can see, and determine whatâll happen next. There's $322 Billion Worth of Lithium in Northwest Alberta...Why Can't Anybody Touch It? For more than 40 years, an oil company has been working a 671-square-mile chunk of northwestern Alberta, producing its lifeblood using brine thatâs kept in hundreds of massive storage ponds. These storage ponds have long been known to contain a massive lithium resource, totaling an estimated 4.3 million tons. Just recently a tiny Vancouver-based technology company, founded and headed by petrochemical industry veterans, figured out a way to extract the lithium from this brine, very quickly and very efficiently. So efficiently, in fact, that the company can filter this oil field brine, returning it to the pond after processing, with a better than 95% capture rate. Production of salable lithium will cost between $3,000 and $4,000 per ton, while market rates price lithium at $70,000 per ton. They know where the lithium is, they know how to extract it, and, as of now, they have an agreement in place to work this giant lithium-rich property. Commercial production is now projected to be in place by the middle of 2024, with buyers already lining up. [Interested? Enter here to learn more.]( Thereâs a reason why bearish demand forecasts from the IEA are putting more pressure on oil prices today. Right now, weâre heading into the weaker part of the cycle for crude prices. For a minute, letâs even forget [the huge number of oil tankers]( that are steaming toward the Gulf Coast to carry U.S. oil abroad. Right now, weâre heading into the weakest point of the year for oil demand. Oil prices are supposed to be lower as we head away from the peak of the summer driving season and into the dead of winter, when demand is at its lowest. Of course, thereâs still a few pesky little things that are being ignored, like the fact that global crude inventories are abysmally low right now, or that the rig count continues to fall, which will hamper U.S. oil output going forward. After watching the latest sell-off in oil take place over the last few weeks, itâs hard not to see this for the buying opportunity it is. [Let me show you where to start looking.]( 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](. For nearly two decades, Keith has been providing in-depth coverage of the hottest investment trends before they go mainstream â 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. Keithâs 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 Keithâs [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. 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