Download now: Oil Price Outlook 2024

Big Oil Sucks! But I’m Still a Buyer at These Levels

Jeff Siegel

Written By Jeff Siegel

Updated March 25, 2024

I hate the stranglehold Big Oil has long had on the global economy.

I loathe all the CEOs and management teams of oil companies that have raped indigenous lands to drill for oil in places they had no permission to even be in.

I despise the Big Oil apologists who think the value of natural capital is trivial and the destruction of our air, soil, and water is just the “cost of doing business.”  A cost, by the way, that they never fully pay.

But despite my disgust with all the shitty things Big Oil has done for more than a century, make no mistake: I’ve made a fortune by investing in oil and natural gas for more than two decades.  And I make no apologies for that.

While you’ll never find me praising Big Oil, you’ll also never find me trying to bury it either. 

Not only would such a thing be an exercise in foolishness, but only an idiot would believe that we could just flip a switch and be off of oil forever.

To my fellow treehugging friends who believe this, you may want to stop reading now. 

A Hypocrite With Loads of Cash

I’m a huge fan of electric cars for a number of reasons.

I love the idea of “fueling” my vehicle at night in my garage. And every morning I have a “full tank.”

I love how fast they are the second you hit the accelerator.

I love that they never need oil changes, timing belts, or fuel filters.

And honestly, I just think they’re really fun to drive. 

Truth is, I’ll never buy an internal combustion vehicle again.  

I just have no use for one when my Tesla does everything my old internal combustion vehicle ever did, and without the annoyance of getting gas and helping line the pockets of an industry that I, as I’ve clearly stated, despise.

But not so much that I’m not willing to profit from it.

Call me a hypocrite if you want, but I’ll be a hypocrite making boatloads of cash from the next big oil bull market that’s gearing up for a new stampede. 

The Millionaire Maker

If you’re a regular reader of these pages, you know my good friend and colleague, Keith Kohl.

Keith is one of the most successful oil and gas analysts on the planet.  

In fact, he was one of the very first to call the shale boom, right before oil prices rocketed to more than $147 per barrel.

He made many of our readers so much money by getting them in early on these shale deals, that some started to call him the “millionaire-maker.” 

Point is, when it comes to making money in the oil and gas game, nobody does it better than Keith.

So when he recently told me about the convergence of three new powerful economic triggers that are about to set off a multi-year bull market in oil, I listened to every word he said and looked closely at his research.  

What I found was evidence that proves crude oil prices are not only about to soar, but actually stay at elevated levels for the next few years. 

Of course, you don’t have to be in the same office as Keith to get his intel.

To be sure, everything he tells me, he shares with you, too.

Sometimes within the pages of Energy & Capital, and sometimes in special briefings he records for you, as well.  Which, by the way, are completely free to download.  Here’s a link to his latest briefing which includes his strategy on milking this next oil bull market for everything it’s worth.

Look, love it or hate it, the oil market has been minting millionaires since the 1800s, and this will continue to be the case for the foreseeable future.  

Thanks to Keith’s intel and unmatched due diligence, he has helped create some of those millionaires.  So who am I to judge if you want to be the next one?

Bottom line: this next oil bull market is going to be a doozy.  And unless you hate money, I would strongly encourage you to follow Keith’s advice, and get some of this action for yourself, right now.

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

Jeff Siegel Signature

Jeff Siegel

follow basicCheck us out on YouTube!

follow basic@JeffSiegel on Twitter

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

Angel Publishing Investor Club Discord - Chat Now

Jeff Siegel Premium

Introductory

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.