News – Geopolitical

“Twilight in the Oil Patch” is the part 2 sequel to the original Part 1: “The Emperor Has No Clothes – A Crude Oil Story”. In Twilight, many of the initial predictions in part 1 are revisited, as well as, new forecasts for what to expect moving forward. Furthermore, newly revealed unknown unknowns are discussed and their possible implications on the near future as well as for the rest of the decade The article explores:

– Effects of Trumps initial Oil Tweet
– The OPEC “Deal and why it failed
– The “Mexican” Standoff
– Saudi is in Trouble
– Texas Railroad Commission reasserts itself
– Air Travel demand destruction & Crude Barrel Demand % Breakdown
– Storage Limits maxing out & Saudi Tsunami coming our way
– Adam Smith’s invisible hand & Baker Hughes Oil Rig Count
– Updated 4K Resolution Charts for XLE & WTI

“The Emperor Has No Clothes – A Crude Oil Story” explores the precarious position the global oil producers have been put in during what is undoubtedly the largest intentional demand destruction on a global economic scale in modern human history (out of war-time). Not since WW2 has so much of the worlds normal economy been taken off line. The article explores:

– The Entire History of Oil & Gas in USA (Standard Oil Era to WW2)
– Peak Oil Production (M. King Hubbert & Matthew Simmons)
– History of Russian Oil Production & Fall of the Soviet Union (USSR)
– The 4 Major Oil Price Shocks (1970s, 2008, 2014, 2020)
– Saudi Arabia & the OPEC Era
– Aramco IPO & Artificial Valuation
– Corona Virus and its Impact on Economy Demand Destruction
– Transports Sector, Energy Demand Dropoff
– Blood In the Streets (Opportunity & Trading Strategies to Capitalize)
– All 4K Resolution Charts available in Charts Appendix!