Oil random observation

US strategic petroleum reserve, US government is releasing like there is no tomorrow and the price hardly went down by even few $$$. Now, this rate cannot be sustained, and at some point I hope they may be considering to refil.

I think Oil has a much longer runway.


I think you are correct Kingran. Capital ran and didn’t come back and isn’t yet heading back.

As I’ve written here several times now, my best guess is that oil/gas is THE new growth industry. Most, including me, are far under invested in this.