Get Into Oil Before It Hits the $100 Per Barrel

On this week's Stansberry Investor Hour, Dan and Corey are joined by founder and president of Chisholm Exploration, Cactus Schroeder. Cactus kicks off the conversation by describing the current economics of the oil industry, why rig counts are deceptive, what's happening with the Haynesville Shale and Marcellus Shale, and the upside in natural gas. He also explains why the Barnett Shale has become so attractive, how Chisholm Exploration differs from the oil majors, and how five large companies essentially control the price of oil.
Next, Cactus discusses why his company prefers oil to natural gas, earthquakes as a side effect of drilling, and how the Biden administration has been hampering exploration and pipeline development. He also details his experience in the Eastern Shelf region, including both good and bad wells and royalty interests.
Lastly, Cactus covers the oil major he finds the most interesting today, the green-energy movement, and what's on the horizon for oil. He brings up Saudi Arabia cutting oil production in an effort to make prices reach $100 per barrel, the consequences of the war in Gaza, and the ongoing fight between land ownership and mineral rights in different states.
1:30 What's Happening in Oil Today
19:24 Natural Gas, Earthquakes, Regulation

[@billhammett174]

Love the deer in the headlights look of the two hosts...

[@imilliemedina666]

I took your advice and got into oil. Now my clothes are ruined. What should i do ???

[@willrose5424]

Buy tide or dawn detergent. Get into English as a second language next.

[@jimcombatvet8122]

I ordered 2,000 barrels. They just arrived today and I don't have anywhere to put them... Commodities; If you don't hold em do you really own them?

[@greenerpastures1000]

😂

[@kevinschmidt2210]

You don't know how to trade commodities. We can tell.

[@imilliemedina666]

Just don't tell the wife. I speak from experience.

[@Jayshadys]

Love the conversation. Very interesting.

[@gregcapella5941]

Trump 2024 Who is with me ?

[@imilliemedina666]

Warp Speed Trump is not my savior