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Oil Is Going to $100; Here's What You Should Do Next

Keith Kohl

Written By Keith Kohl

Updated November 3, 2023

So, oil prices are going to rise…

You know it; I know it.

Hell, the entire market knows it at this point.

WTI is making its way toward $75 a barrel this week; Brent is teasing $80 a barrel.

The market has finally woken up.

The pundits are raving about their favorite oil stocks — never mind that all those picks are the same. They grab the biggest, most identifiable names in the sector and laud them as the hottest oil stocks of the moment.

Spoil alert: They aren’t.

Do you know how to tell?

Well, here’s a hint… If one of those stocks is ExxonMobil Corp., you’re wasting your money…

“But Exxon is Wall Street’s top energy pick!” the crowd yells.

To which I reply, “It’s also the last ones to the party!”

Sure, Exxon’s production in the Permian Basin is up by almost 20% over the previous year. The “Big Oil” behemoth currently runs almost 30 rigs in West Texas and controls 1.8 million acres across the Permian Basin.

But I want you to ask yourself if you think this $350 million stock is really the best way for you to make money on rising oil prices

And you know what? You’d be sorely disappointed at whoever told you to add Exxon to your portfolio.

Let’s say you picked up shares of Exxon at the beginning of the year.

Well, you’d be down by around 4%.

But let’s say you’d had this epiphany a year ago and thought you’d get a jump on everyone else…

Unfortunately, you’d only be breaking about even right now.

How about we make things even easier? What if you’d decided to call the bottom in oil two years ago and jump into Exxon?

Remember, oil prices have soared more than 150% since February 2016.

I have some bad news for you…

You would’ve lost money by betting on Exxon over the last two years.

If you were to put Exxon up against the two smaller independent oil stocks that I’ve told you about recently, you would’ve been better off staying away. It’s what I like to call the “Big Oil trap.”

I’ll let you take a look for yourself:

It’s not even close.

All you have to do is invest smarter.

And it’s easier than you might first think, too.

Look, the cat’s out of the bag with the Permian Basin.

There are 3.2 million barrels of crude oil being extracted from the region on a daily basis.

For a little perspective, that would make it the second-largest member of OPEC. Only Saudi Arabia pumps more — assuming, of course, that Iran’s production takes a nosedive once sanctions are reinstated.

To this day, one of the most profitable periods of time for my readers and me was almost a decade ago — when we saw what was about to happen in the Bakken. At the time, I doubt that the mainstream media could’ve even told you what tight oil was, let alone seen the value in it.

Of course, people have known that there were billions of barrels of oil locked in the Bakken as far back as the 1950s.

But it was only drilled as a last resort. It was a desperate attempt by a company to scrape away any oil that it could to minimize its loses.

All it took was the combination of horizontal drilling and hydraulic fracturing to create a formula for success.

What’s interesting is I’m seeing a similar situation developing right now in an oil play that you won’t hear about from CNBC.

And the same people who are telling you to buy ExxonMobil right now have never even heard of it.

But that’ll all change by the end of the year.

In fact, it’s what I consider a “virgin oil play” because drillers have completely ignored it in the past — like how drillers skipped over the Bakken in the ’50s.

Next week, I’ll reveal this new play to you in Energy and Capital.

Trust me, you won’t want to be late to this party.

Until next time,

Keith Kohl Signature

Keith Kohl

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A true insider in the technology and energy markets, Keith’s research has helped everyday investors capitalize from the rapid adoption of new technology trends and energy transitions. Keith connects with hundreds of thousands of readers as the Managing Editor of Energy & Capital, as well as the investment director of Angel Publishing’s Energy Investor and Technology and Opportunity.

For nearly two decades, Keith has been providing in-depth coverage of the hottest investment trends before they go mainstream — from the shale oil and gas boom in the United States to the red-hot EV revolution currently underway. Keith and his readers have banked hundreds of winning trades on the 5G rollout and on key advancements in robotics and AI technology.

Keith’s keen trading acumen and investment research also extend all the way into the complex biotech sector, where he and his readers take advantage of the newest and most groundbreaking medical therapies being developed by nearly 1,000 biotech companies. His network includes hundreds of experts, from M.D.s and Ph.D.s to lab scientists grinding out the latest medical technology and treatments. You can join his vast investment community and target the most profitable biotech stocks in Keith’s Topline Trader advisory newsletter.

P.S. Don’t forget to mark the date! The Million-Dollar Alpha Profit Summit is only a day away. Tomorrow, Thursday, May 17, 2018, at 1 p.m. (ET) and 10 a.m. (PT), you’ll learn how to turn every $1,000 invested into $114,000 or more. Click here to sign up for the completely FREE event.

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