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46 Comments
Oil is running out.
Global oil production has returned to 2019 pre pandemic levels. Production actually exceeds consumption now according to US Energy Information Administration. Canada hit new records in production first half of this year. The only real problem is that normal supply chains are disrupted due to Ukraine war and everyone is trying to shuffle around and get their energy from different places. The production is there.
Aussies are looking for oil in Cuba! There is so much oil in Latin America…just think if relations had improved with Venezuela!!! Joe Biden hampered U.S. exploration and production! XL pipeline…Canadian tar sands?
The US and Canada together have the capacity to replace Russia and Saudi in global oil markets.
Top five oil producers.
1. Saudi Arabia
2. Russia
3. United States
4. Texas
5. Canada
The laundromat is rigging the oil market
That's what happens when you call them a pariah state and their crown prince a killer.
The price of going green, enjoy it and thank Joey B!🤣
Cnbc worried about gas prices because of November. 🤣
Aaah the days under Trump! When we were energy independent!🤔
We were told strategic oil reserves would last 5 years. Turns out less than 12 months.
You can only shift the cost of energy. You can't escape it.
Baloney. Oil’s going to $200. And brain-dead biden is gonna use that to escalate the phony war in Ukraine and cause hundreds of thousands of human beings to be slaughtered as a consequence.
Invade Saudi. They are the worst anyway
How is it shocking we have been selling all our oil.
Paul Sankey nailed it.
The host is awful, just a bunch of what if’s
The west should just send them freedom or bring Iran online back again or both.
I hope oil goes to $150 and shuts everyone up for good
Stache and goatee gone, i don't know whether to believe this imposter or not
US has the biggest oil reserve why is the Saudi controlling the price? Biden needs to allow more rigs short term. If oil goes over 100/b Democrats will loose the midterm.
Great video. you've remind me of what someone once said❤️ "The mind is the man, the poor is in it and the rich is it too". This sentence is the secret of most successful investors. I once attended a trading seminar and ever since then i been waxing strong financially, and i most tell you the truth..
So that’s the reason why US keep stealing oil from Syria? Is the world/ UN do anything about that? Or just let us stealing from others?
Boot the speculators aka predators out.of Oil and gas CAPITAL MARKETS
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Son felises con su bienes dela protitucion boy aser que aguan villetes
Incredible insight.. New lows before the EOY on the SPY it is then
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Always good to hear your thoughtful and logical analysis. I don't care about bullish or bearish market. Trade a small percentage of your portfolio rather than going in and out every couple weeks trying to time the market trading went smooth for me as I was able to raise over 8.4 BTC when I started at 3 BTC in just few weeks implementing Bryan Anderson and tips….
Why, as a country with these massive energy reserves are we allowing ourselves to be dragged into world energy situations? Why are we not in conjunction with clean energy securing our energy situation? Independence.
Why are we cutting our nose off to spite our face? What is this Administration thinking?
why I am happy i retire in 20 years because Oil will be like a Texas summer.
Its really disgusting for the old slob guy with the squeaky voice to just throw in that the Ukrainians killed that Russian dudes fascist daughter.
JOE MAKES HUDENI PRODE.
Despite the economic downturn,I'm so happy☺️. I have been earning $ 60,000 returns from my $7,000 investment every 13days.
This chap just said recently oil price has peaked. Now it is $150. Its like a flipping Indian pancake.
There is no oil left
Just heard why inflation isn't going anywhere anytime soon. Strap on and strap in.
GOV across the world limiting pipelines,processing,production. GEE ,I wonder why prices keep moving up.
ALEX EPSTEIN 's "Fossil Future" on sale
Bk!
He looks as clueless as an astrologer. The realization he is as good as in the astrology sector.
Its not supply that is the problem with anything it is demand and too much of it…these are the games they play on us because we are very stupid and can't even spell the word much less know what they mean. Do yourself a favor and get rid of the smartphone
Especially in regards to natural gas the price could Fall by 30 $50 at any time they just tried to me to slow it down because they don't want to lose their heads and have the public go bananas these idiots are still buying futures contracts for higher prices and it's almost fall
Don't take the bag retail
All the even local gas station owners had to take a million dollar fluctuation last year if anything they're carrying too much insurance now and they want to burn all your small players
Please let 150 a barrel be true!!!!! LMAOO
But demand could crash when people cut back on travel.