Download now: Oil Price Outlook 2024

Global Fuel Crisis: Part 2

Written By Luke Sweeney

Posted February 20, 2023

We’ve been hearing about fuel shortages around the world for more than a year now. It’s starting to look like this just might be the new standard. 

But while lack of heat for cooking and heating can lead to some uncomfortable winter nights, the newest iteration of this fuel crisis will have you paying more for everything

One single type of fuel is the backbone of the world’s transportation system. Ground shipping could screech to a halt if the situation doesn't change soon. 

I’m talking about diesel, the magic fossil fuel that powers nearly every truck on the planet. 

Retail prices in the U.S. recently shot up to an absurd $5.75 per gallon before subsiding to $4.58 one month ago. It’s one of the many reasons why your groceries have gotten so expensive. 

diesel prices graph

But if you think the U.S. is in a tricky situation, you haven't seen anything yet. 

Though the U.S. is still the world’s biggest oil producer, its reserves have been slowly dwindling compared with years past. Prices have skyrocketed recently, and many drivers are starting to see signs like this at the pump:

diesel shortage pump

It’s a bad sign, but it can always get much worse.

Now, imagine you're in Europe. Russia was your main oil connection, which supplied nearly every refinery on the continent. 

Now that the EU price cap is in full effect, Russian oil is headed in the opposite direction. You can suck up all the LNG the U.S. can offer, but what about diesel? 

No crude oil means no diesel, gasoline, or any of the millions of petroleum derivatives the average citizen depends on.

This shortage isn't just a U.S. problem. It’s officially gone global. 

One Company Is Standing in the Way of an Energy Crisis

It would be rude to bring this problem to your attention without also proposing a solution. I’m anything but a fearmonger. 

Although diesel supplies in the U.S. are tight, American producers have the unique ability to scale up as fast as the market does. 

The stock pick we have in mind is currently gearing up to refine millions of gallons of diesel in the coming months. That’s not a typo — this relatively small producer really does have that level of bandwidth. 

Other larger outfits are bloated to the point of sluggishness. You’d never see any of the big names like Saudi Aramco pivoting this quickly. 

This is all happening right now — this isn’t some far off plan to make money by the end of the decade. 

This company is moving fast, so that’s exactly what we need to do as investors. 

This isn't our team’s first rodeo. Under energy expert Keith Kohl’s careful guidance, we’ve lead readers to impressive returns like: 

  • 124% on PowerShares DB Crude Oil
  • 103% on Petrobank Energy and Resources
  • 100% on Northern Oil and Gas
  • 215% on American Oil and Gas
  • 574% on Brigham Exploration

I could list these winners all day, but I’d rather help you experience wins like these for yourself. If you’re ready to start making the biggest gains of your investment career, keep reading here.

This free presentation shows you everything you'll need: background info, specific stock picks, and critical buy/sell windows. 

It’s dangerous to dive in alone — take us with you!

To your wealth,

Luke Sweeney
Contributor, Energy and Capital

follow basicCheck us out on YouTube!

Luke’s technical know-how combined with an insatiable scientific curiosity has helped uncover some of our most promising leads in the tech sector. He has a knack for breaking down complicated scientific concepts into an easy-to-digest format, while still keeping a sharp focus on the core information. His role at Angel is simple: transform piles of obscure data into profitable investment leads. When following our recommendations, rest assured that a truly exhaustive amount of research goes on behind the scenes..

Angel Pub Investor Club Discord - Chat Now

Hydrogen Fuel Cells: The Downfall of Tesla?

Lithium has been the front-runner in the battery technology market for years, but that is all coming to an end. Elon Musk is against them, but Jeff Bezos is investing heavily in them. Hydrogen Fuel Cells will turn the battery market upside down and we've discovered a tiny company that is going to make it happen...

Sign up to receive your free report. After signing up, you'll begin receiving the Energy and Capital e-letter daily.