Stock Power Daily: December 12, 2022. [Turn Your Images On] [Beyond Big Oil: Perfect Power Stock in a Smaller Market]( - America isn’t the only country exporting oil overseas. - The price of Western Canadian Select crude oil is on the rise as Canadian oil exports jump. - Today’s Power Stock is an oil and natural gas producer in Canada, and it rates a 100 on our proprietary system. [Turn Your Images On]
[Matt Clark,
Research Analyst]( We talk a lot about American and Middle Eastern oil. Oil prices, oil exports, pipelines, [tankers]( midstream, [downstream](. If you can think of it, we’ve probably covered it here in the Stock Power Daily. There’s one big reason: Oil and natural gas drive the energy bull market we’re in. However, we can’t forget about the other countries that benefit from this broader energy surge. The chart below shows the weekly price of Western Canadian crude oil since 2020: [Turn Your Images On]( [(Click here to view larger image.)]( In the last two years, the barrel price of Canadian oil has jumped 109.8%. The country is also exporting more. As you know, when the price of oil goes up ⦠oil company stocks go up too. [And our proprietary Stock Power Ratings system revealed a 100-rated stock to ride the trend higher.]( [Turn Your Images On]( --------------------------------------------------------------- [Turn Your Images On]( From our Partners at Banyan Hill Publishing [The End of the Dollar (See Photo)]( Take a good look at this building. This is the command center for one of the most devastating plots in American history. A plot that could make the money in your wallet worthless ... and “give federal officials FULL CONTROL over the money going into, and coming out of, every person’s account.” And that’s just the tip of the iceberg. [Go here to get all the details.]( --------------------------------------------------------------- 1 Reason Oil Prices Are High [Turn Your Images On]
[Michael Carr,
Editor, The Banyan Edge]( There are 784 oil rigs operating in the United States, according to [the latest data]( from Baker Hughes. This is down 61.4% from the high of more than 2,000 in 2008. You can see how the amount of oil rigs has fluctuated in the chart below. The count never fully recovered from the global financial crisis. And then the pandemic sent the number to an all-time low of just 244. The U.S. needs more wells. But an uncertain regulatory environment, combined with financing challenges driven by ESG activists, make an increase unlikely. Bottom line: Capitalists will put money into industries with safer returns and legacy oil companies will continue supplying what they can. [Turn Your Images On] [(Click here to view larger image.)]( Note: Speaking of rising oil prices⦠Adam O’Dell is tracking a “super bull” in the oil market, and he expects his No. 1 stock for this trend to soar 100% higher in just 100 days. He’ll reveal all the details later this month. [Click here to sign up]( for his exclusive presentation on December 28. --------------------------------------------------------------- Check Out Our Most Recent Power Stocks: - [OIL DRILLING GROWS 1,802% â A MAX-VALUE STOCK TO PLAY IT]( - [OIL TANKER SCORES 99: HERE’S WHY YOU SHOULD BUY]( - [AEROSPACE INDUSTRYâS EXPERT PARTS MAKER (97-RATED STOCK!)]( Privacy Policy
The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: [( Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2022 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: [Click here to Unsubscribe](