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Jeff Siegel

Written By Jeff Siegel

Posted May 30, 2019

I’m not going to lie…

I think our continued reliance on internal combustion is absolutely absurd.

It is an outdated technology that needs to be retired.

And it will be.

The truth is, electric vehicles ARE the future of personal transportation.

The transition is inevitable. But it’s also not going to happen as fast as some would like.

According to Bloomberg, by 2040, 57% of all passenger vehicle sales will be electric.

Today it is less than 3%.

This is an insanely rapid growth rate. But it’s also still more than 20 years away. Which means, despite the technological superiority of electric vehicles, the internal combustion engine is at no risk of being sent out to pasture anytime soon.

And as long as internal combustion vehicles continue to make up the majority of passenger vehicles on the market, there will always be opportunity for investors to clean up on oil.

Big Oil, Big Profits

If you’re a regular reader of these pages, you know I’m no fan of Big Oil.

I’m not anti-oil; I’m just pro-progress. And as I said, I find our continued reliance on crude to be an exercise in absurdity. But I don’t make the rules. I just make money.

And no matter how much I love electric cars and all the wonderful benefits they offer, the bottom line is that if I can make a few bucks in the oil game, I’m going to do it.

In fact, it’s because of all the money I’ve made in oil that I’m able to even afford an electric car.

I must admit, though, that I’m no expert when it comes to oil. But my good friend Keith Kohl is. And because of him and his oil and gas stock picks, I’ve cleaned up. So needless to say, when he tipped me off to his latest play, I wasted no time in getting a piece of this action.

Easy Money

Because Keith is so well connected in the oil and gas space, he was one of the first to alert me to a new discovery that was recently made in Texas. The discovery was made by a company that just released third-party reserve estimates showing 4 billion barrels of recoverable hydrocarbons in just two of its locations.

It’s a small player, to be sure, which is good for those who own it today. It has a nice tight share structure, too, which certainly offers shareholders some real value.

What I really like about this one, though, is that once oil prices head north again — and they will — this little operation is going to get a very nice boost. Especially since it’s insanely cheap right now. Truth is, I wouldn’t be surprised at all if it just ended up getting acquired by some oil and gas major later this year. And this is why I’m not looking this gift horse in the mouth.

The bottom line is that I don’t know any other oil and gas analysts with track records like Keith’s. He’s made me a ton of cash in the past, so I have no reason to doubt that this little gem will also deliver big time.

But don’t take my word for it. Just look at the numbers for yourself, which you can check out right here.

Keith also recently published this research note, which describes this opportunity in more detail. You can read a copy of that here.

While you’ll never find me singing the praises of the Big Oil machine, you’ll also never find me ignoring an opportunity to make a boatload of cash in the oil and gas game.

You can do the same.

To a new way of life and a new generation of wealth…

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Jeff Siegel

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Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.

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