Postcards: The Oil Counter-narrative

When oil prices start to behave the way they have over the last few days, it's time to start thinking about the possibility of a selloff that would take everyone else by surprise.

Dear Fellow Expat:

I’d prepared a screed on our Department of Energy. The incompetence at the top. The mismanagement of oil output in America.

And how we’ll probably screw up what might be the largest global lithium deposit discovery.

But that must wait until tomorrow. There’s something FAR more important… RIGHT NOW…

As you know, I’m VERY bullish on the long-term prospects of U.S. oil producers, particularly in the Permian Basin of Texas. When the EV and “green-ification” experiment falters in five years, we’ll beg U.S. producers to drill more oil wells and pump crude.

But today’s (September 12) price action in oil worries me that this frenzy may soon pause. If that’s the case, I want to urge caution and tell you exactly how to protect your long-term investments in the energy sector.

We’ll talk about the fundamentals, the technical rules to follow, and the trade.

But fair warning… there’s volatility ahead.