Don't forget the other side of the ongoing story... the world economy is shrinking sooooo even though oil prices could spike from choke point consequences of a middle eastern war, demand has been taking a dive since the "jabber". When economies collapse so does industry, business, travel, etc. and summer is coming.. this all leads to even less demand for supply. It's how OPEC controls global pricing by increasing/decreasing production. Again, drill baby drill will have zero impact as it takes years from drilling to being in a gas station pump. I'm an oil/gas guy and work around the world for +30 years.. and I have worked for the majors.. I know how this all works... Finally, wars need lots of diesel/jet fuel.. so your strategic supply in the US and other global storage tanks will be drained... the moral of this story is there will be a huge spike in pump prices and no way to keep them full. You will more than likely see +10$ per gallon when this kicks off..
So yer sayin' Debiers and OPEC are sister-market-makers? Petro-dollar is a speculator's ruin? Alternative energy is sweeping the world so breathing taxes can frame a better narrative?... not just garden variety greedy MFrs. Next we'll be selling basket curries and Texans will join BRICS with 80% of the world's 'sovereign' nations - Got Credentials Sonny Boy? Make it up.
For someone that listens to Gerald Celente and knows what's going on in the world, I'm shocked your questioning the same information I am merely repeating. I'll give you the benefit of doubt that you misinterpreted what I said as I am certainly not making anything up, it's historical fact. As far as your last sentence jab at me.. I forgive you as I forgive anyone who makes a mistake. If your just having a bad day.. I hope a nice ride on your bike will turn things around for you.
Within the industry, due to global demand slumps, expected growth for oil is about 1-2% for this year. Gas, especially LNG, will see a stronger market due to "cleaner energy" and reduced shipping costs. The US, Mid East and Russia are all expanding LNG production for those reasons. So you "could" focus on those specific opportunities. My personal investment choices considers global upheaval (economic collapse, job loss, taxes, conflicts), weather, retirement, holiday and healthier lifestyles which equates to food (farmland), and property (overseas for both - Latin/South America and southern Europe. I like steady investment returns that always outperform any stock market long term without volatility and meet the basic needs of humans food/shelter. Look at most of the ultra wealthy in the world.. their biggest assets are land/property...so follow the money...
The same people 'selling' us mortgages would have us believe the nominal value in their depreciating sticks stay ahead of inflation... do as you're told - become a wageslave - get on the mortgage wheel and play make-believe millionaire on paper.
Your correct Doug, any debt is "ownership" for the banksters. I don't have any mortgages and utilize alternative options to ensure the land under the property is also out of their control. That's one of the benefits of living/investing in other parts of the world.. even though evil/corruption is everywhere, there are certain areas where it's tolerable or less intrusive. I know/work with loads of westerners and europeans that left their systems of total control to other parts of the world to at least enjoy a healthier/cheaper lifestyle. I have tried to get friends and family to consider a move to a better place, but they are stuck in the vicious circle and/or brainwashed beyond repair. As Gerald says.. stuck in Slavelandia!
Really good Tucker Carlson interview on a related subject:
The tariff issue is complicated, so let’s return to the basics…
Everyone knows that wealth disparity is a recipe for civil unrest. The more economically divided populations become, the more their members grow to resent each other.
The destruction of the U.S. middle class, fueled by the deliberate eradication of American manufacturing, has exacerbated our country’s wealth disparity in a massive way. This trend must be reversed. That’s the point of Donald Trump’s tariffs.
Former U.S. Trade Representative Robert Lighthizer is one of this era’s best “explainers,” making him uniquely qualified to break the tariff issue down in a way that genuinely makes sense. Today, Lighthizer joins The Tucker Carlson Show to do just that. Click the image below to watch.
Bob Lighthizer tells Tucker:
“Has the system failed? To me, it’s an emphatic yes… We’ve seen a real deterioration in the quality of life of our working-class people… They are poorer, we’ve seen despair increase, we’ve seen devastation. You don’t have to drive very far in America to see devastated communities. All of this is the result of this failed attempt at globalization, this failed attempt at free trade.” See URL.
Yemen is 31st in the world in oil reserves at roughly 3 billion barrels...not really worth destroying a country for that small an amount, but greed is greed, I guess.
Greg, you forgot about Russia, Saudie Arabia and Iranian oil. If oil goes down to the $40/barrel range again, why do you think it will have a positive benefit on US companies.
Don't forget the other side of the ongoing story... the world economy is shrinking sooooo even though oil prices could spike from choke point consequences of a middle eastern war, demand has been taking a dive since the "jabber". When economies collapse so does industry, business, travel, etc. and summer is coming.. this all leads to even less demand for supply. It's how OPEC controls global pricing by increasing/decreasing production. Again, drill baby drill will have zero impact as it takes years from drilling to being in a gas station pump. I'm an oil/gas guy and work around the world for +30 years.. and I have worked for the majors.. I know how this all works... Finally, wars need lots of diesel/jet fuel.. so your strategic supply in the US and other global storage tanks will be drained... the moral of this story is there will be a huge spike in pump prices and no way to keep them full. You will more than likely see +10$ per gallon when this kicks off..
So yer sayin' Debiers and OPEC are sister-market-makers? Petro-dollar is a speculator's ruin? Alternative energy is sweeping the world so breathing taxes can frame a better narrative?... not just garden variety greedy MFrs. Next we'll be selling basket curries and Texans will join BRICS with 80% of the world's 'sovereign' nations - Got Credentials Sonny Boy? Make it up.
For someone that listens to Gerald Celente and knows what's going on in the world, I'm shocked your questioning the same information I am merely repeating. I'll give you the benefit of doubt that you misinterpreted what I said as I am certainly not making anything up, it's historical fact. As far as your last sentence jab at me.. I forgive you as I forgive anyone who makes a mistake. If your just having a bad day.. I hope a nice ride on your bike will turn things around for you.
So great time to load up on oil/gas stocks or ETF’s?
Within the industry, due to global demand slumps, expected growth for oil is about 1-2% for this year. Gas, especially LNG, will see a stronger market due to "cleaner energy" and reduced shipping costs. The US, Mid East and Russia are all expanding LNG production for those reasons. So you "could" focus on those specific opportunities. My personal investment choices considers global upheaval (economic collapse, job loss, taxes, conflicts), weather, retirement, holiday and healthier lifestyles which equates to food (farmland), and property (overseas for both - Latin/South America and southern Europe. I like steady investment returns that always outperform any stock market long term without volatility and meet the basic needs of humans food/shelter. Look at most of the ultra wealthy in the world.. their biggest assets are land/property...so follow the money...
The same people 'selling' us mortgages would have us believe the nominal value in their depreciating sticks stay ahead of inflation... do as you're told - become a wageslave - get on the mortgage wheel and play make-believe millionaire on paper.
Your correct Doug, any debt is "ownership" for the banksters. I don't have any mortgages and utilize alternative options to ensure the land under the property is also out of their control. That's one of the benefits of living/investing in other parts of the world.. even though evil/corruption is everywhere, there are certain areas where it's tolerable or less intrusive. I know/work with loads of westerners and europeans that left their systems of total control to other parts of the world to at least enjoy a healthier/cheaper lifestyle. I have tried to get friends and family to consider a move to a better place, but they are stuck in the vicious circle and/or brainwashed beyond repair. As Gerald says.. stuck in Slavelandia!
Come one come ALL to the Apocalyptic 🎉
Great! Economy of wars
Sad but true
Good calls Greg. Thank you.
Really good Tucker Carlson interview on a related subject:
The tariff issue is complicated, so let’s return to the basics…
Everyone knows that wealth disparity is a recipe for civil unrest. The more economically divided populations become, the more their members grow to resent each other.
The destruction of the U.S. middle class, fueled by the deliberate eradication of American manufacturing, has exacerbated our country’s wealth disparity in a massive way. This trend must be reversed. That’s the point of Donald Trump’s tariffs.
Former U.S. Trade Representative Robert Lighthizer is one of this era’s best “explainers,” making him uniquely qualified to break the tariff issue down in a way that genuinely makes sense. Today, Lighthizer joins The Tucker Carlson Show to do just that. Click the image below to watch.
Bob Lighthizer tells Tucker:
“Has the system failed? To me, it’s an emphatic yes… We’ve seen a real deterioration in the quality of life of our working-class people… They are poorer, we’ve seen despair increase, we’ve seen devastation. You don’t have to drive very far in America to see devastated communities. All of this is the result of this failed attempt at globalization, this failed attempt at free trade.” See URL.
https://tuckercarlson.com/tucker-show-bob-lighthizer?
Story is blocked for me. Says an “ERROR OCCURRED” go figure 🙄
And Norway !
Yemen is 31st in the world in oil reserves at roughly 3 billion barrels...not really worth destroying a country for that small an amount, but greed is greed, I guess.
THANKS, SCREW THE SEC
**** ATTENTION****
GOLD & SILVER People......
a MUST listen to!!
(a 12:21 min audio)
Hit 'Play in new window'.....
https://gizadeathstar.com/2025/03/news-and-views-from-the-nefarium-march-20-2025/
How VULGAR!!!!!!!!!!!!!!!!!!!!!
To MAKE MONEY off of people who are being MURDERED!!!!
Don't people have ANY MORALS & ETHICS, any longer???????
WAR PROFITEERING is IMMORAL!!!!
I'm gonna throw up.
Bombs away! Scott Ritter : How Foolish to Attack The Houthis. https://www.youtube.com/live/bn3Bm1SgbmM?si=n_djfjfSjaVGN_wl
Greg, you forgot about Russia, Saudie Arabia and Iranian oil. If oil goes down to the $40/barrel range again, why do you think it will have a positive benefit on US companies.
TOT should be TOE for Total Energies. TOE, COP and XOM are bullish but overbought.
CVX is -Neutral and overbought.