As today's guest rightfully often repeats "Energy is life"
Without it, there is no economy. No means to power the systems society depends on.
And, like it or not, the world still runs on hydrocarbons -- most especially oil.
Well, oil is in an interesting place right now. It's starting to become cheap again. After trading near $120/barrell following the Russian embargo ensuing from the war in Ukraine, it's now nearly half that -- trading at $67/barrel the day of this recording.
New technologies are creating oil substitutes from natural gas condensates.
And the OPEC cartel, which has exerted control over world oil supply and therefore price, suddenly looks in danger of losing its grip.
What do all these mean for the future of oil? And in turn, for the economy?
And where are the best opportunities for investors?
To find out, we have the good fortune today to sit down with the green chicken himself, energy analyst Doomberg.
LOCK IN THE EARLY BIRD DISCOUNT for the Thoughtful Money Fall Online Conference by registering now at https://thoughtfulmoney.com/conference
#oil #ai #naturalgas
