Is This the End of OPEC, or the Beginning?

The ongoing war of words between... [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy Is This the End of OPEC, or the Beginning? Keith Kohl | Nov 30, 2023 Today’s the day. Earlier this week, we talked about the [“moment of truth”]( for oil. The ongoing war of words between OPEC and the IEA that has been boiling all year is about to come to a head as the Saudi-led oil cartel finally meets in Vienna.  And there’s only one question on everyone’s mind: To cut or to not cut. Let’s put a little perspective on this, shall we? If we add up all the oil that OPEC and its allies (i.e. Russia) supply, we’re talking about a significant number of barrels — around 40 million, or roughly 40% of the world’s daily output. That’s a hefty chunk of supply, no matter how you slice it.  Biden Triggers "Perfect Storm" for Oil Prices Biden killed the Keystone Pipeline. He froze new leases to drill oil on federal lands. He drained the Strategic Petroleum Reserve to record-low levels. He spent billions of taxpayer dollars to prop up "green energy." But according to our energy guru, Keith Kohl, Biden's efforts to sabotage the oil industry have created the "perfect storm" for soaring oil prices. Goldman Sachs recently projected $110 crude oil by the end of this year... And the "smart money" is piling in like never before. Billionaires Warren Buffett, David Tepper, Steve Cohen, Bill Gross, and more are jumping into oil stocks as we speak. That’s why Keith just announced his No. 1 oil stock to buy — 100% free. [Watch this briefing now before oil prices surge higher. The name and ticker symbol are revealed inside.]( The fateful decision at hand, however, is whether or not deeper cuts need to be made. As it stands now, OPEC+ has already slashed output by around 5 million barrels per day, which doesn’t even include the voluntary cuts made by Saudi Arabia and Russia. By the way, those voluntary cuts are going to be extended well into 2024. Maybe even longer depending on how things shake out. But there’s an interesting twist that makes this particular meeting so important. Aside from its very public fight with the IEA recently, there’s a bit of an internal discord among OPEC members. It turns out that some members want to pump more, namely Angola and Nigeria. Nevermind that we’re talking about a tiny portion of the group’s output. Each one of them only pumps out a little over a million barrels per day at the moment. This little squabble over production quotas is what caused OPEC+ to delay the meeting by a week.  Now here’s the kicker… If there is one thing that will unify OPEC, it’s low oil prices. The No. 1 AI Stock of Our Era Using artificial intelligence (AI), this obscure company has made what could arguably be the most impactful medical breakthrough of our lifetime... Reducing the time frame for drug discovery by 70%... Slashing the costs of drugs by 80%... And even leading the charge with a novel cancer treatment that's swiftly advancing through clinical trials! This firm, with its innovative use of AI, is the catalyst of what Morgan Stanley says is a "$50 billion opportunity" for investors. It’s precisely why big market players like Bill Gates, BlackRock, and Citigroup are heavily investing in this $5 stock. [Join them before it’s too late.]( Judgment Day If the market was selling off oil after the announcement that the OPEC+ meeting was delayed, it came bouncing right back this week. As I write this now, a barrel of Brent crude is back over $83, and WTI is looking to surpass $78 per barrel. In other words, a deeper cut may still be on the table. And if the Saudis have their way (spoiler: they usually do), it could mean another cut of around a million barrels per day; that would be extremely bullish on prices to end the year. We won’t see triple-digit crude prices this winter — not yet, at least — but that decision would certainly be enough to keep a floor around $80 per barrel. I want you to push aside the public spat being played out in the headlines for just a moment. I know it’s not easy. There’s one underlying catalyst that has been largely ignored by everyone. It seems that throughout all this melodrama, people have forgotten that the world is consuming a record amount of oil — 103 million barrels per day this summer and climbing! If OPEC+ can get its act together, the rest of the world is going to be paying a lot more for its crude addiction. The problem is that today, there are few producers around the world outside of OPEC that can still increase oil production. And if we’re assuming the United States’ domestic oil production is already at record levels, the upside for growth is rather limited without something momentous taking place. Fortunately for us, that’s precisely what’s happening. Tomorrow morning, I’m going to show you exactly how one tiny Texas driller is about to change the shale game from here on out. Until next time, [Keith Kohl Signature] Keith Kohl [[follow basic]Check us out on YouTube!]( Subaru Could Help You Collect Easy Cash Major automaker Subaru just made a ground-breaking announcement... It recently decided to join the ranks of seventeen other massive automakers who have plugged into Tesla’s EV supercharging network across the United States... This announcement could push Tesla’s superchargers to finally become the industry standard. In fact, thanks to the support of these automakers, Tesla’s EV chargers are already becoming a major part of day-to-day life. You see them at malls, big-box stores, and even grocery stores... But what most people miss is that these charging stations have opened up a brand-new income stream... One that lets ANYONE pocket a few fractions of a dollar anytime an EV gets plugged in to charge. Until a few months ago, this secret income source was rarely mentioned outside of an elite circle of wealthy investors and international oil companies. But thanks to an official U.S. government directive in the late-2022 Inflation Reduction Act... These “Plug-in Payouts” — an opportunity worth $563 MILLION per year — have officially become available to everyday Americans. And the more popular Tesla’s superchargers become... the more your payouts grow. [Just follow these three simple steps to start collecting your own “Plug-in Payouts” today.](  [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. 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