Don't Buy Oil Until You Watch This

You are a wealth of information.Thank you!

Great breakdown...thx!

Great stuff again Keith

Great video. Thanks!

My question is: Doesn't 'drill baby drill' suggest a lot of oil supply and therefore a lower price for crude? I recall CNBC once mentioning that the oil/gas sector was the weakest performing sector during the first Trump presidency. Thanks in advance.

I day trade crude oil futures using technical analysis. I use risk management. I do not risk more than 2% of my portfolio on each trade.

The important infrastructural development in the hydrocarbon supply chain is the completion of both Trans Mountain, and West Coast gas link, but also Trump’s statements regarding tariffs have depressed the $C.

Canadian producers can now export their production without relying on the U.S., but still obtain a U.S. dollar price resulting in a 30% gain.

Gas exported overseas would have a multiple return.

I would say that copper prices are in the same vein, where it can rally. But the undervalued equity would be Sprott physical copper trust.(if we’re focussing on Canadian equity)

The thumbnails of your last 5 videos are great! Are you creating them yourself? Only if I could invest in YT channel growth.

YTD on my Bitcoin fund is up 136%. Bitcoin will reach a 1000k within 10 years. Why would anyone invest in anything else? 🤔🤔🤔

What do you use to measure sediment?

I bought tourmaline oil ...TOU. paid $81.13 per share two years ago. Its been a ride DOWN, Can you tell me what your crystal ball says. On when I could sell. I am 74.
Years of age. Running?
Out of time, and money Just want a pro point of view,thanks...

Always happy to see your appearance on BNN. NOW I hope to see you more in your channel. Thanks a lot ❤

Change in Government here in Canada maybe very positive aswell the the energy sector

Thank you for this fantastic video. Clear explanation without background music. I've learned a lot today. For free. Amazing. I'm your fan and avid reader of every Canadian Money Saver article. Even though I am not a technical trader, it is always a learning experience that I enjoy very much.

You talking US gas producers or Canadian? We have seen an outflow of capital away from Canadian Natural Resources sector (crude and mining) and relocation to us or markets. I’m not sure Canadian businesses were going to benefit from Political developments in the US. Do you weight companies on both sides of the border equally? And what about service companies?

I like your new style of reading from a script. But i prefer more screen time of the chart and less of your face.

The "drill, baby, drill" applied to USA. He also said (summarized herein) 25% tariffs to Canada, baby, 25% tariffs to Canada.

short and sweet thankyou

you don't mention any producers you like- what a waste of time

So untrue about drill baby drill thesis so BS! More oil = lower oil prices

BELIEVE NOT CLOWNS

CANADA HAS MORE OIL RESERVES THAN U.S.
BUY canada oil. Better. Cheaper.

BUY CANADA OIL.
YOUR PRO FREEDOM RIGHT ?
😂😂😂😂😂😂😂😂😂😂😂

DONT BUY. PRICE DROPS LOWER. ❤

DONT BUY. PRICE DROPS LOWER. ❤

Just a couple point about your analysis 1 the producers are not driven to drill by Donald trump they are driven by profits 2 more drilling doesn’t increase profits it takes away from the bottom line by increasing cost and increasing supply causing lower prices

Some other non-technical considerations in support of the bull thesis:

1. Inflation. When talking about the price of oil, or more importantly, the cost of extraction, no body is accounting for it. I think it would be quite interesting to look at the price charts reflected in real dollars.

2. US shale production is peaking. Moving forward, stock picking is going to be even more critical. Why? For every barrel of shale extraction, there will be less oil and more gas and water. Companies who are hiding behind bpd equivalents in their slide shows are not going to fare as well. It's all about who has the best rock.

3. We learned in the post COVID spike that excess OPEC capacity is mostly a ruse. In what could mostly be described as an effort to keep the peasants fed and from revolting, (I'm talking about you, Saudi Arabia) capex hasn't kept up.

4. Energy demand moving forward is going to soar. There's a couple of billion people in the world who would like a middle class lifestyle. That takes energy. Data farms are exploding and will continue to explode. We will need every type of energy we can get our hands on.

5. All is not dire for natural gas. A fair amount of shale gas in Texas is being sold at a loss because the means don't exist to get rid of it. They'd be flaring it if the could. Pipeline is being added, and with a change in US Presidents, look for a big LNG push moving forward. But these are the kinds of things that take years, not months.

6. Inflation, round 2. With US national debt at $36T and growing by $1T every 90 days, the only hope is to grow the economy faster than the debt and shrink it via inflation. Simply having a currency that's less bad than everyone else's isn't enough. There's no better hedge than things you can touch or feel, and oil offers one of the best hedges in the marketplace.

Oil companies are making decent cash flow by maintaining current production. Chevron is even cutting capex for 2025! No one can predict when things will flip, but when they do, they'll flip fast...just like in 2021. Everyone is worried about Chinese consumption...despite the fact consumption is global all time highs. There will be a trigger event...be it geopolitical, or inflation scaring the hedgefunds to start dumping stratosphere priced equities. When the herd rushes in, then the real party begins.

I would focus on those companies that have more oil and less gas, and the best values seem to be in Canada. Because of the hostile government, Canadian oil companies are selling at ridiculous discounts even with great cash flow. Find one like SU that will pay you a nice dividend while you're waiting for the party to begin. Arguably one of the greatest risk reward opportunities in the market. I would also look at any of the pipeline stocks, such as ET, WES, ENB, etc. For the US market, I like CVX and OXY as well.

Good to see the technicals are finally setting up for the next leg up.

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It's quite astonishing. We face a financial crisis driven by the greed and irresponsibility of financial institutions. In response, Congress enacts laws to curb their excesses. Yet, these institutions lobby to lift those restrictions, claiming it’s necessary for competitiveness. This cycle inevitably leads to another crisis, and it's a pattern we've been repeating since the Great Depression nearly a century ago.

Great video. I use a monthly chart with a 200 simple moving average on it to find "deep value". Once price goes below the 200 sma and starts going sideways I start accumulating. May I suggest you look at both Natural Gas and Oil on the monthly chart. If they go down more, that is a gift. Just keep buying more at even a better price. This is a multi year trade, not a swing trade, or day trade. For swing trades I use a daily / 4 hour chart. The seasonality you talked about is beautiful. Nicely done !!!

ENI 😃🙏✌️

What price do you like XEG etf?