Email

The Death of Cheap Oil

by | published May 26th, 2018

The age of chronically weak oil prices is over.

“Lower for longer” was a mantra taken on by Wall Street in the lower oil price environment. But with booming demand, a supply squeeze on the horizon, and geopolitical mayhem pushing crude oil faster than expected this year, the age-old adage is on its last legs.

In fact, there’s a huge – possibly massive – potential disruption on the horizon that could make the age-old adage flat line for good.

Venezuela’s Oil Meltdown

Fresh off the reelection of Nicolás Maduro, President Trump slapped new sanctions on Venezuela this week – yet another threat that will choke the Latin American nation’s hobbled oil industry.

The sanctions prohibit U.S. companies from buying debt from the Venezuelan government – a directive that includes Venezuela’s largest oil company, PDVSA – to prevent President Maduro from attempting to sell off his country’s debt and pocketing the profits.

A statement from the White House explained that the order “closes down… loopholes that we saw the regime attempting to exploit.”

But the U.S. won’t be the last country to impose sanctions on the corrupt government: A coalition of 14 nations throughout the Americas have stated that they will not extend Venezuela any credit and would recall their ambassadors from Caracas.

The country is already an overwhelming $6 billion in debt.

And the newly broadened sanctions from the U.S. could even further crush the country’s crude oil output – meaning Venezuela’s economy may find it even harder to recover.

Venezuela’s oil infrastructure has been crumbling for years, and without money to hold it up, it will crumble to dust faster than anyone could imagine.

However, elevated geopolitical tensions like those in Venezuela – whose oil output is barely clearing a million barrels a day from over 3 million just a couple years ago – coupled with Iran’s impending supply woes, will drive oil prices – along with the energy sector as a whole – higher in tandem.

In fact, U.S. crude prices shot up to their highest levels since 2014 – hitting a peak of nearly $73 on Tuesday – as the market digested these new sanctions.

And as of May 15, energy is the top-performing sector for the year, with The S&P 500 Energy Index, which tracks heavy-hitters like Chevron, Exxon Mobil, Marathon Petroleum, and more, is up over 7% year-to-date and 46% since its January 2016 low.

But as this energy rally continues to hit a fever pitch, I want to share a bit of wisdom with you.

In an environment like the one we are seeing in the market, you don’t just want to rush in, picking stocks at random.

We are not in a “tide will raise all boats” situation.

Meaning if you get swept up in the buying frenzy, it could spell disaster for your hard-earned wealth.

You need to know the guys on the inside. The movers and shakers in the business to level the playing field.

That’s why I got involved in this business in the first place.

As one of the most sought-after energy consultants in the world, I know everything that happens in energy markets well before it hits the mainstream.

Which has allowed me to leverage my tenure as a consultant for OPEC, the European Union, our own National Intelligence Community, the International Energy Association, as well as 27 governments around the world, to help guide readers to massive profit opportunities.

They get these opportunities as part of their membership to my elite research service that I am inviting you to join in on, risk-free, today.

You see, as we move into the second half of 2018 and the higher oil price environment, I foresee an almost unlimited potential for more money-multiplying opportunities in energy.

And I want to help provide you with every tool you need to profit.

That’s why I want to give you a special offer to become an Energy Advantage member for 80% off the retail price.

I’ve designed Energy Advantage only for a small circle of people who want to take the next step in their financial journey.

As one of my premium members, you get weekly briefings with my exact recommendations (including specific “buy” and “sell” instructions), monthly newsletters tracking the biggest trends in energy, instant access to my premium research, and inside insights from my global connections in the energy business.

That could easily set you up for life-changing wealth.

And all you have to do is click here to secure your membership.

I hope to see you all there.

Sincerely,


Kent

 

Urgent: This Is Your Last Chance (How to Make as much as $11k per Week)

I’ve been telling you about an incredible algorithm you could benefit from to make serious money… week after week.

It took 8 years, a math prodigy, a PhD physicist and nuclear engineer to master this thing.

And the results are truly astounding. It is able to predict which direction the market is headed with 93% certainty.

Several of my readers have jumped on this opportunity already, but I wanted to make sure you didn’t miss out…

Because, after Memorial Day, the price for this research service is going up.

So be sure to click here now to see how you could automatically collect up to $11,000 each and every week from the markets.

But remember, this weekend is your last chance to lock in membership at an incredible deal.

Access all those details right here.

 

Please Note: Kent cannot respond to your comments and questions directly. But he can address them in future alerts... so keep an eye on your inbox. If you have a question about your subscription, please email us directly at customerservice@oilandenergyinvestor.com

  1. No comments yet.
  1. No trackbacks yet.