06/20/2022 With energy stocks mooning, I’m often asked now if it’s too late to hop on the bandwagon. Short, unsatisfying answer: both yes and no. Yes, because at the end of the day, oil producers are pretty shitty businesses that move in lockstep with the broader economy. But also no, because even a recession hits prices, the long-run picture is of a supply deficit. Don’t worry, though—there’s a solution to this issue.
Consumers to Gas Prices: F*ck Off
Consumers to Gas Prices: F*ck Off
Consumers to Gas Prices: F*ck Off
06/20/2022 With energy stocks mooning, I’m often asked now if it’s too late to hop on the bandwagon. Short, unsatisfying answer: both yes and no. Yes, because at the end of the day, oil producers are pretty shitty businesses that move in lockstep with the broader economy. But also no, because even a recession hits prices, the long-run picture is of a supply deficit. Don’t worry, though—there’s a solution to this issue.