The Thirst for U.S. Oil

Despite all the doom and gloom, the world is still lining up for more and more U.S. oil. Despite all the doom and gloom, the world is still lining up for more and more U.S. oil.                                                                                                      [Outsider Club Header] Nov 10, 2023 By Keith Kohl for the Outsider Club The Thirst for U.S. Oil Have you ever heard of the Theo T? Not many people have, yet it holds an exciting role in U.S. history. With all the geopolitical volatility raging in the Middle East right now, you may have heard about the 1973 Arab oil embargo. Back then, OPEC members imposed an embargo against the United States and a few other countries for giving aid to Israel during the Arab-Israeli War. Less than two years later, the U.S. made the hard decision to ban all exports of U.S. crude oil abroad. In theory, this would help protect American consumers from wild price swings on the open market. Truth is, it didn’t really matter anyway because there wasn’t much oil available for export. By 1975, U.S. oil production had already started a long, steady decline that persisted for 37 years! Tiny Stock Has 264 Patents on Groundbreaking AI Tech A little-known AI tech is becoming critical to the operations of 94% of corporations... It’s projected to be in nine out of every 10 cars by 2028... And is already essential to the workflow of 80% of hospitals. Which is the real reason why Bill Gates bet an enormous $20 billion on this AI niche... double what he invested in ChatGPT. Yet one tiny company already holds 264 ironclad patents on this tech. And it's lined up to hand savvy investors like you 5,300% profits. [Click here for the full story.]( During that period, our domestic production was cut in half. But all of my readers know that this story has a happy ending — the advent of the tight oil boom changed things forever. Within seven years, the U.S. oil industry not only reversed that decades-long decline, but pushed production back above 9 million barrels per day. This newfound oil wealth prompted Congress to lift the long-standing oil export ban that had been in place. So one Thursday afternoon on December 31, 2015, the Theo T became the first oil tanker to be loaded with U.S. crude oil and headed out to sea. [theo t] Since then, the world has acquired a serious taste for U.S. oil.  ["Project Wingman" Unlocks 50x Profit Window]( "Project Wingman" is transforming a $133 billion market using AI. Solving a nationwide pilot shortage... And setting up a tiny stock for a meteoric rise. Early investors like you could collect 50x gains in the process. [Click here to see the confidential details behind “Project Wingman.”]( Bulls vs. Bears: One Driller to Rule Them All Look, it’s easy to see the kind of growth that U.S. oil exports have enjoyed since that 37-year ban was lifted. As you can see below, our shipments of crude oil exploded in the years that followed: [us oil exports] Last August, U.S. oil exports averaged 4.1 million barrels per day. But this shouldn’t be too surprising considering the fact that our domestic production has once again climbed into record territory and is now sitting at 13.2 million barrels per day. Right now there’s a war being fought between the bulls and bears in the oil market. One side points to China recently cutting fuel prices and announcing stricter rules on the import of oil and other commodities. Remember, the IEA has told us that China is going to be responsible for more than 70% of global demand growth in 2023. If China’s economy falters and heads into a deep recession, it will drag down global oil demand along with it… but let’s not forget that the media have been calling this collapse in the Chinese economy all year, or that global inventories are perilously low. And although that’s enough to shake the tree and put downward pressure on crude prices, the market is also harping on lower U.S. demand — but never mind the fact that this is seasonally when oil prices are supposed to be weak. Despite all the doom and gloom, the world is still lining up for more and more U.S. oil. We’ve come a long way since the Theo T left the Port of Corpus Christi that Thursday afternoon. A LONG way. Bloomberg recently reported that there are 48 oil tankers charging toward the U.S. Gulf Coast to get their fill of Texas tea — the most we’ve seen in six years. Have you spotted the winner here yet? If you’re one of my veteran readers, I’m betting you have. In fact, they’ve been actively profiting from this all year, simply from the fact that more than 97% of all U.S. is exported from just one area: The U.S. Gulf Coast. But it’s not enough to blindly throw a dart against the wall and hope you hit a winner. That may have worked during the early years of the shale boom, but times have changed. That’s why I’ve put [this free investment report]( together for my readers that not only identifies three must-own oil stocks for 2024, but also reveals another opportunity that has opened up due to the world’s renewed thirst for U.S. oil exports. You need to [check this one out for yourself.]( Until next time, [Keith Kohl Signature] Keith Kohl [[follow basic]Check us out on YouTube!]( P.S. Today’s article was originally published by our sister publication [Energy and Capital](, which is solely dedicated to helping readers profit from the ever-expanding and ever-changing energy sector. 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