Oil Prices Will Rise to $200/Barrel: Salem Abraham

The shift to renewable energy is real, even in the Texas panhandle. But the transition is still in the very early stages. Oil and gas are still needed -- so are investments in infrastructure (4:13);

Worldwide drilling has yet to recover to pre-Covid levels. This will lead to $200/barrel oil and $10 gasoline prices (7:07);

"I think we end up with stagflation," but even that will not solve the supply issues (8:50);

Natural gas "is still a great investment" (14:14);

The benefits of green hydrogen (16:31);

There are more pipelines than popularly believed in the U.S. and they are actually more precarious than transmission lines (19:52);

Background on the guest (29:36);

Liquid alternatives and the need for better diversification (31:37);

The Federal Reserve has to regain credibility after the 'transitory' talk. The Fed will blink, eventually... (36:02);

Unrelated: Notre Dame will not join the Big 10 for football, says the alumnus (39:49).