You don’t need to head to the rolling hills of the U.K. with a metal detector to make a profit in rare coins. There’s a much easier way to grow your wealth.
We’ve seen a rise in the use of renewable energy as it becomes cheaper. And it’s ensuring that massive changes are coming to the energy industry…
While oil briefly dipped under $30 early in 2016, it never saw the lows so many were calling for. Now U.S. oil has climbed to a 19-month high.
Each year, the global demand for oil rises by roughly 1 million barrels a day … but there just isn’t that much spare capacity in the global oil market.
Wall Street seems to think that America’s shale industry will be able to save us from higher oil prices in the months and years ahead. But with shale oil production shutting down, that seems like a long shot…
The damage from the oil war with OPEC lies all over America’s shale-oil regions. With the cartel set to cut production, America’s shale-oil producers will be hard pressed to catch up.
Black gold’s roller-coaster ride has been frustrating for many investors. But cost-saving decisions made over the past couple years are going to send oil roaring back in a big way.
There’s a reason oil is called black gold. And in spite of worries of a bear market, there’s a second chance to invest in oil … and be well rewarded.
Don’t believe the media, oil consumption is not declining — it’s rising. But oil exploration budgets have been cut, and a supply shortfall is looming on the horizon.