3min chapter

Stansberry Investor Hour cover image

The Next Commodity Bull Market with Rick Rule

Stansberry Investor Hour

CHAPTER

The Oil and Gas Business Is a Very Capital Intensive Business

The oil and gas business is a very capital intensive business. If you don't make sustaining capital investments, you reduce your ability to produce. And so the oil price advanced from 20 dollars a barrel to some number over 80 dollars a barrel. The lesson here, dan, is simply that markets work. Markets don't seem to work for politicians. I guess maybe that's what i'm getting atnot medical ta tak.

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