Today, we take a look at President Biden's latest speech on energy and why he's setting up a perfect storm for oil profits in 2023. [Outsider Club Header]
Oct 25, 2022 By Keith Kohl for the Outsider Club Bidenâs War on Oil Is Your Portfolio's Golden Ticket Thereâs an enormous game of chicken being played out right before our eyes. With the midterms just a couple weeks away, the planned release of 180 million barrels of oil from our Strategic Petroleum Reserve will be at an end. For the last seven months, the SPR has been unleashing a flood of oil to help satiate a thirsty crude market. But just how much oil is the world thirsty for? Back in December 2021, the world was consuming 99.5 million barrels per day. Keep in mind that this was months before Putinâs tanks crossed into Ukraine, while the world was just starting to get over two years of COVID lockdowns. Economies were opening up, and the sky was the limit for growth. Fast-forward to today, when the Russia-Ukraine war has caused endless strife in global industries, bitter geopolitical tensions, a bear market that has devastated stocks across the board (the energy sector being the sole beacon of light for investors), and hundreds of millions of people locked down in China as it desperately tries to get its COVID pandemic under control And yet despite all of those negative events, global oil demand is slightly higher than it was last December. Major Crypto Shock Wave set to take
place this month for $2 Coin If you're worried about market volatility, pay close attention and [click here.]( Because while most people are panicking right now... multi-millionaire crypto analyst Joe Shew is convinced this is a rare chance for regular people to cash in on a small $2 coin set to soar as crypto's 3rd shock wave takes place as soon as this month. After picking Bitcoin at $369... and Ethereum at $7... this is a must watch broadcast. [Click here to see details on the move he's telling everyone to make.]( In other words, the worldâs oil consumption is still nearly 100 million barrels per day. And itâs going higher in 2023. With only a looming threat that President Biden is ready to release more barrels from the SPR if needed, at what point do you think heâll realize itâs a fruitless endeavor? More importantly, how long do you think oil can stay this low without those SPR sales? Unfortunately, the answer is: Not very long. Thereâs a crude awakening ahead, be sure of that. And if the president believes weâll simply drill ourselves out of this mess in a matter of weeks, heâs wrong. In his speech earlier this month, President Biden pointed out that U.S. oil output was around 12 million barrels per day. For the record, this is about 1 million barrels per day below our pre-COVID peak. Although the president was quick to say that oil companies will increase output by 1 million barrels per day by the end of the year, I wouldn't hold your breath. New Robot Has Tech Execs Scrambling You might not believe this is even real, but I assure you this video has been left unedited. Nearly every tech company in the world is scrambling to get its hands on this tech. And investors are set to profit handsomely. Get the details on [our Top 3 Stocks Picks here.]( As I've mentioned before, the drilled-but-uncompleted wells, also called DUCs, are the reason output has stayed higher â not because companies are in a drilling frenzy. So when the SPR taps are shut off and people finally realize that demand isnât slowing, letâs just say that President Biden may be refilling the SPR at a higher price than he was planning. Look, itâs impossible to NOT be bullish on oil as we head into 2023. But you know just as well as I do that every oil play isnât created equal. Like every other oil boom-and-bust cycle in history, there is going to be a small group of winners that will reap a windfall as the need to drill more oil becomes a matter of national security. The good news is that there is a silver lining for investors in this oil crisis. You see, todayâs best drillers arenât the same breed of oil companies from decades past. These oil stocks have been through the worst of the worst, even to a point that oil prices briefly turned negative just two years ago! Take a minute and let me show you the details behind the [three overlooked oil stocks]( that are sitting on a win-win situation in 2023. 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. Follow the Outsiders [Twitter]( | [Facebook]( | [LinkedIn]( | [YouTube]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Outsider Club, Copyright © Outsider Club LLC, 3 E 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 [1-855-496-0830](tel:/18554960830).