If you are worried that the 160 million barrels already released from the U.S. Strategic Oil Reserve are troubling, wait until you see how much more is forecasted to be removed in the coming months and years ahead. I was quite shocked when I saw how much more oil will be released in the next five years…
Don’t be fooled by this Bear Market Rally, as investors will get crushed over the next several quarters. While many believe this is a new Bull Market in stocks and commodities, Smart Money isn’t one of them. As the Dumb Money Sentiment moves to new highs, Smart Money Sentiment has fallen considerably. WATCH OUT… LOL…
Several factors point to a Major U.S. natural gas supply-demand shortfall coming. While U.S. shale gas production has increased significantly over the past decade, rising domestic consumption devours most of the gains. Also, with the Freeport LNG plant returning online in October, brace for much higher prices…
Very few people realize just how much natural gas is consumed at the Alberta Oil Sands Operations. It’s staggering. The Oil Sands Operations consume nearly one-third of Alberta’s total natural gas supply. So, the notion that Canadian Oil Sands production can be easily ramped up ignores that it needs to…
Investors who believe the stock indexes are heading to new highs will get crushed when the Bear Market continues towards the end of the year and into 2023. What we are witnessing is a typical Dumb Money Bear Market Rally. Also, the primary silver miners have seen losses across the board for Q2 2022…
It amazes me how the market fails to realize that the global oil industry is sleepwalking over the ENERGY CLIFF. Instead of being deeply concerned about our future, investors believe this is a temporary energy crisis solved by just investing more money in finding oil. And… it’s even worse than that…