President Biden Just Dropped the C-Word

The end of crude oil is nigh. At least, that's what we've been told over and over again, isn't it? Editor Keith Kohl takes a closer look at why oil prices will rally in 2021. The end of crude oil is nigh. At least, that's what we've been told over and over again, isn't it? Editor Keith Kohl takes a closer look at why oil prices will rally in 2021. [Wealth Daily logo] President Biden Just Dropped the C-Word By Keith Kohl Written Feb 11, 2021 The end of crude is nigh. At least, that’s what we’ve been told over and over again, isn’t it? Ever since we took the plunge into the new COVID era, the death of oil has been quite a popular sentiment in the headlines. We can’t blame anyone for thinking that way, either. Ten months ago, we watched as oil prices utterly collapse, plunging into negative territory for the first time in history. Personally, that moment was one of the most bullish signals I’ve ever seen. The fact that we got to the point where companies were actually paying customers to take oil off their hands means there’s really only one direction prices can go — up! Whether or not crude would rally from there wasn’t a question rooted in reality. It wasn’t a matter of if oil would rally but rather when. Fortunately, it didn’t take long to get the answer. Recently, WTI prices broke into new 52-week high territory, and oil has officially rebounded back to where it was just before the COVID lockdowns took effect. So is the end of oil upon us? Not even close. Millions of These Modules Will Be Deployed Across the U.S. Power Grid Soon Investors who understand why this tiny module is about to revolutionize the power grid stand to make 7,899% on their money. Power outages cost the U.S. economy $150 billion each year... Faulty cables cause wildfires... And hostile cyberattacks aimed at the grid threaten the lives of millions of Americans. But this brand-new technology will put an end to all of this. This massive project is a priority thanks to Executive Order 13920, and Republicans and Democrats alike are behind it. You can get in on this $2.9 trillion opportunity for as little as $8... [Click here to find out (for free) what this is all about.]( President Biden Just Dropped the C-Word We [talked]( a little bit last month about how crude oil will fare during a Biden administration. In fact, the president has been rather busy going after the crude market during the first few weeks of his term. There’s been a lot of concern that his policies will absolutely crush the industry, leaving in his wake nothing but clean energy rainbows and a massive fleet of electric vehicles. That sentiment is saturated throughout the media and plastered across headlines, isn’t it? It seems not a day passes that I don’t see a headline portending the imminent collapse of the oil industry. At first glance, it’s hard to disagree. With a snap of his fingers, President Biden brought dreams of the Keystone XL pipeline expansion to a grinding halt. If that wasn’t enough to make you pessimistic over oil’s future in the U.S., then his order to place a 60-day arrest on oil-and-gas drilling on federal lands — on his very first day in office — certainly did the trick. Perhaps just bearish enough to consider buying Tesla, huh? We respectfully disagree. Oil is set for one helluva comeback this year. Here’s why... Did This $3 Firm Just Make Tesla Obsolete? There will be 12 million electric cars on the road in five years. And believe it or not, [THIS]( strange liquid could power every single one. [gcs nene liquid]( Don't believe it? See the proof for yourself... [Click here.]( The Most Unexpected Rally in 2021 Will Be Oil Forget the fact that crude prices have run up to nearly $60 per barrel recently. COVID didn’t kill the oil market, and we’re already seeing signs of life. According to the Energy Information Administration's (EIA) projections, the supply/demand fundamentals — which have been thrown out of whack during the pandemic — will tighten through 2022. [image 1 oil fudnamentals] It’s only a matter of time until global demand climbs back over 100 million barrels per day. Except there’s one serious concern to keep in mind as demand rises. If there’s one lesson good drillers learned over the last few years, it’s fiscal discipline. Companies that failed to put their financial houses in order were quickly snuffed out or swallowed up by the bigger fish in the pond. Yet the cold, bitter truth is that a lot of drillers weren’t profitable at that level to begin with! Couple the low oil price environment with President Biden’s aggressive oil policies, and we have a recipe for lower output here in the United States. The latest Baker Hughes rig count showed that as of January 29, 2021, there were just 295 rigs in the U.S. drilling for crude oil — more than 400 fewer rigs than were active a year ago! Drilling budgets have been slashed dramatically over the last year, with companies turning to their drilled-but-uncompleted (DUC) wells to keep production steady. These wells comprised more than one-third of new production in the Bakken. However, the DUCs won’t save us in the long run. Goldman Sachs is already clamoring for oil to top $65 per barrel by the end of this summer. We’re in a perfect storm for higher oil prices, and the only question left is where to find those beaten-down, hidden investment gems inside the oil sector. We’ll answer that question next time. Until next time, [Keith Kohl Signature] Keith Kohl [[follow basic]@KeithKohl1 on Twitter]( A true insider in the energy markets, Keith is one of few financial reporters to have visited the Alberta oil sands. His research has helped thousands of investors capitalize from the rapidly changing face of energy. Keith connects with hundreds of thousands of readers as the Managing Editor of [Energy & Capital]( as well as Investment Director of Angel Publishing's [Energy Investor.]( For years, Keith has been providing in-depth coverage of the Bakken, the Haynesville Shale, and the Marcellus natural gas formations — all ahead of the mainstream media. For more on Keith, go to his editor's [page](. The $8 Stock Behind This 5G Lynchpin Do you see that tiny module pictured above, next to the quarter? That tiny module is what makes the entire 5G rollout possible. Without it, the 5G revolution wouldn’t be a reality. And the little $8 company that makes these tiny chips could skyrocket after January 31. Why? You see, these tiny pieces of technology are part of a government-mandated program I’m calling 5G Volta. This government-mandated program is projected to be worth as much as $1.5 trillion! This is the biggest 5G opportunity that no one is talking about. Once this program begins rolling out at the beginning of 2021, early investors are going to reap the benefits. I’m talking about possibly turning every $1,500 invested into $120,135. I’ve put together all of my research about this government-mandated program and the $8 stock into a report that I want to share with you right now. [Click here to get your free report now!]( Browse Our Archives [The Friendliest Trend]( [Bumble Has an IPO Date]( [Everything Is High]( [The Next Step for the Hydrogen Fuel Cell]( [What Reddit Got Right]( --------------------------------------------------------------- This email was sent to {EMAIL}. It is not our intention to send email to anyone who doesn't want it. If you're not sure why you've received this e-letter, or no longer wish to receive it, you may [unsubscribe here](, and view our privacy policy and information on how to manage your subscription. 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