Big Oil Sucks! But I’m Still a Buyer at These Levels

I loathe all the CEOs and management teams of... I loathe all the CEOs and management teams of...                                                                                                      [Wealth Daily] Jeff Siegel / Dec 18, 2023 Big Oil Sucks! But I’m Still a Buyer at These Levels I hate the stranglehold Big Oil has long had on the global economy. I loathe all the CEOs and management teams of oil companies that have raped indigenous lands to drill for oil in places they had no permission to even be in. I despise the Big Oil apologists who think the value of natural capital is trivial and the destruction of our air, soil, and water is just the “cost of doing business.” A cost, by the way, that they never fully pay. But despite my disgust with all the shitty things Big Oil has done for more than a century, make no mistake: I’ve made a fortune by investing in oil and natural gas for more than two decades. And I make no apologies for that. While you’ll never find me praising Big Oil, you’ll also never find me trying to bury it either. Not only would such a thing be an exercise in foolishness, but only an idiot would believe that we could just flip a switch and be off of oil forever. To my fellow treehugging friends who believe this, you may want to stop reading now. A Hypocrite With Loads of Cash I’m a huge fan of electric cars for a number of reasons. I love the idea of “fueling” my vehicle at night in my garage. And every morning I have a “full tank.” I love how fast they are the second you hit the accelerator. I love that they never need oil changes, timing belts, or fuel filters. And honestly, I just think they’re really fun to drive. Truth is, I’ll never buy an internal combustion vehicle again. There's $322 Billion Worth of Lithium in Northwest Alberta...Why Can't Anybody Touch It? For more than 40 years, an oil company has been working a 671-square-mile chunk of northwestern Alberta, producing its lifeblood using brine that’s kept in hundreds of massive storage ponds. These storage ponds have long been known to contain a massive lithium resource, totaling an estimated 4.3 million tons. Just recently a tiny Vancouver-based technology company, founded and headed by petrochemical industry veterans, figured out a way to extract the lithium from this brine, very quickly and very efficiently. So efficiently, in fact, that the company can filter this oil field brine, returning it to the pond after processing, with a better than 95% capture rate. Production of salable lithium will cost between $3,000 and $4,000 per ton, while market rates price lithium at $70,000 per ton. They know where the lithium is, they know how to extract it, and, as of now, they have an agreement in place to work this giant lithium-rich property. Commercial production is now projected to be in place by the middle of 2024, with buyers already lining up. [Interested? Enter here to learn more.]( I just have no use for one when my Tesla does everything my old internal combustion vehicle ever did, and without the annoyance of getting gas and helping line the pockets of an industry that I, as I’ve clearly stated, despise. But not so much that I’m not willing to profit from it. Call me a hypocrite if you want, but I’ll be a hypocrite making boatloads of cash from the next big oil bull market that’s gearing up for a new stampede. The Millionaire-Maker If you’re a regular reader of these pages, you know my good friend and colleague, Keith Kohl. Keith is one of the most successful oil and gas analysts on the planet. In fact, he was one of the very first to call the shale boom, right before oil prices rocketed to more than $147 per barrel. He made many of our readers so much money by getting them in early on these shale deals, that some started to call him the “millionaire-maker.” Do NOT Buy Another Stock Until You Read This! Artificial intelligence has kicked off a new bull market. As Bloomberg puts it, "A serious rally has... erupted"... CNBC says, "[This] explosion could save the market and maybe the economy... And Forbes reports AI has minted the youngest self-made billionaire in the world, a 25-year-old college dropout. But if you want to profit from this boom, you should steer clear of the usual suspects like Microsoft, Nvidia, or Google. For the opportunity to rake in truly life-changing gains, there’s just one stock you should buy today. Analysts believe this is [THE superior AI play.]( Early customers include the U.S. Air Force, Cisco, and Raytheon... And with a massive announcement around the corner, shares are destined to soar. [Find out how to position yourself today for maximum gains.]( Point is, when it comes to making money in the oil and gas game, nobody does it better than Keith. So when he recently told me about the convergence of three new powerful economic triggers that are about to set off a multi-year bull market in oil, I listened to every word he said and looked closely at his research. What I found was evidence that proves crude oil prices are not only about to soar, but actually stay at elevated levels for the next few years. Of course, you don’t have to be in the same office as Keith to get his intel. To be sure, everything he tells me, he shares with you too. Sometimes within these pages and sometimes in special briefings he records for you, as well. Which, by the way, are completely free to download. [Here’s a link to his latest briefing which includes his strategy on milking this next oil bull market for everything it’s worth.]( Look, love it or hate it, the oil market has been minting millionaires since the 1800s, and this will continue to be the case for the foreseeable future. Thanks to Keith’s intel and unmatched due diligence, he has helped create some of those millionaires. So who am I to judge if you want to be the next one? Bottom line: This next oil bull market is going to be a doozy. And unless you hate money, I would strongly encourage you to follow Keith’s advice, and [get]([ some of this action for yourself right now.]( To a new way of life and a new generation of wealth... [Jeff Siegel Signature] Jeff Siegel [[follow basic]Check us out on YouTube!]( [[follow basic]@JeffSiegel on Twitter]( Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor's [page](. 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