A New Oil Crown Is About to Be Passed

Nobody is really expecting U.S. oil demand to suddenly... [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy A New Oil Crown Is About to Be Passed Keith Kohl | Feb 08, 2024 The eyes of the world are shifting once again within the oil sector. For the last three decades, that gaze has been razor-focused on just one emerging economy: China. I know what you’re thinking… Isn’t the United States the largest oil consumer on the planet? We are, by a healthy margin. However, even though the U.S. consumes roughly one-fifth of the world’s oil, it’s also true that there isn’t much growth ahead. There hasn’t been much growth behind, either. In fact, our demand for petroleum products has been relatively flat for the last 24 years (with the exception of the COVID dip, of course). Don’t take my word for it, just take a look for yourself: [us oil consumption] Truth is, nobody is really expecting U.S. oil demand to suddenly surge higher. Nobody is expecting it to really drop either. The EIA’s long-term projections expect U.S. petroleum and liquid fuels to drop only slightly between now and 2050. But our ravenous demand for crude oil has always been taken as a given. Everyone knows our demand growth has flattened.  So for the last two decades, the spotlight has almost always been on China. Why? Well, because the key to oil’s fundamentals is how we’ll meet growing demand. Think about it… 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 can’t see what’s 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 we’ve 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%! That’s exactly the type of oil company Keith is recommending today.  He’s calling it "the No. 1 oil stock of the decade." [Get the name and ticker here before oil prices surge higher.]( Back in the 1990s, China was only consuming around two million barrels per day; hardly a drop in the bucket compared to us. Slowly but surely, Chinese demand grew. Over the next decade, China's thirst for crude had nearly tripled. They couldn’t get enough as demand soared to 14.7 million barrels per day during the first half of 2023. That's 8% higher year-over-year!  Make no mistake, China was under the spotlight last year more than ever before because the mainstream narrative was that its economy — and by proxy its oil consumption — would crash. And yet, it didn’t. Even the eternally-bearish IEA estimates that Chinese oil demand averaged around 17 million barrels per day in 2023 — a growth of nearly 4%. With more growth on the way in 2024, you’d expect the spotlight to stay on China, right? Think again. [AI “Tollbooth” has ChatGPT by the balls]( AI platforms ChatGPT, DALL-E, and Bing are all at the mercy of the AI “Tollbooth”... They’re each obligated to pay this tech firm every month to access an essential resource that keeps their apps running smoothly for users. The AI “Tollbooth” collects a staggering $427.5 million in fees every single month... And by claiming your stake in the “Tollbooth” firm, you too could grab your own sliver of this lucrative income stream, fueled by ChatGPT. [Follow these simple steps to start collecting as much as $48,800 every year.]( Soon, the biggest driver for global oil demand growth won’t be China or the United States. It’s going to be India. Fueled by cheap Russian crude — for which we can thank ineffective oil sanctions — India’s thirst for oil has grown in the post-COVID era, and is about to dethrone China as the largest source for global oil demand growth between now and 2030: [india consumption] According to the EIA, India’s demand is expected to reach 6.6 million barrels per day over the next six years, and the country is planning to add another million barrels per day of refining capacity. Of course, the first question that should pop into your head is where all of this new supply will come from. Here’s a hint: The countries that end up feeding China and India’s future oil will end up with far more control over global oil prices. More importantly, a new world oil order will emerge. We’ll talk more on that next week. Until next time, [Keith Kohl Signature] Keith Kohl [[follow basic]Check us out on YouTube!]( Gold Prices Poised to Skyrocket to $2,200(Buy This Sub-$1 Stock Now) Prepare for a gold rally unlike anything we’ve witnessed before... CNBC reports forecast a stunning rise in gold prices to $2,200 per ounce this year, driven by the Federal Reserve’s anticipated rate cuts. "We are expecting gold to be pushed higher by a Fed easing. Also this comes with a weaker dollar," said precious metals strategist Joni Teves. See, as interest rates fall, gold outshines other investments like bonds, which would offer diminishing returns. Simultaneously, a dip in rates tends to dilute the dollar’s strength, making gold more affordable for international investors, and in turn, spiking its demand. Which means RIGHT NOW is the absolute best time for you to buy gold. But I’m not talking about physical gold... because the real money is with the miners. And in just a few weeks, a tiny, under-the-radar stock will release drilling results that could send the stock soaring — handing early investors as much as $57,000 or more! They’ve made a truly historic gold discovery — one that could be the last of its kind. This company is sitting on a river of gold worth $2.4 BILLION. Even a tiny stake in this company could permanently change your life. And right now, it’s trading for less than $0.25... [Learn more about this tiny junior mining company here.]( [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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