The Trigger For $200 Oil This Year And Destruction Of The Economy | Doomberg

[@TheDavidLinReport]

Do you think oil will spike above $100 a barrel this year? Comment below and don't forget to subscribe! FOLLOW DOOMBERG: Website: doomberg.com/ Substack: doomberg.substack.com/

[@lamloc5068]

Oil will be above $100 and will stay above for pretty long this time if Trump in the office next year in my own opinion.

[@mattclark6482]

Excellent Video David (as always).

[@SofaKingShit]

Ukraine will grind away for a few more months before they collapse from exhaustion. I think Putin is simply too stable and predictable to uoset markets, l mean if he didn't freak out at the grotesque Crocus shenanigans then it seems that tryly nothing fazes the fellow. Whereas there is perhaps an 80% chance that the middle East will suffer an escalation, likely Israel provoking Iran some more by blowing up a refinery or two. Far less predictability there with how much Likud and actual public opinion will with continue their heavy handed retribution and how far they are willing to provoke Iran and Lebanon so even if the poo doesn't hit the fan there the lack of predictability will influence prices way up past 100, maybe 120 for months with occasional peaks at 150 plus and then its recession time.

[@scottbonata5145]

OIL SHOCK?

[@paulasaavedra3696]

Yes, Oil to $100 or above

[@elgerardoedwardio2498]

"Oil prices could crash!" "who told you?" "A giant green chicken..."

[@arturonavarro66]

A Russian green chicken

[@creaturelost4354]

A little bird told me.

[@CoyoteOfSC]

This guy works for @Kurtzgesagt

[@barryfleming8488]

Keep pushing David. I love your willingness to listen and learn. ❤

[@HeftyJ]

@@VancouverStackerare you equating giant green chickens to black lives?

[@edwri9759]

Good to see David’s hair care product supply chain issues have been resolved.

[@yulianinoriega8598]

It’s crazy how much he’s hair changes from one episode to the other

[@MrInfoPhilly]

That's funny 😂😂😂

[@info88w11]

@@MrInfoPhilly added viagra gel

[@CollectorChronicles]

This comment made my day.

[@socialseahawksfan9325]

Maybe he fired the flock of seagulls hair stylist.

[@eyce9]

It finally happened! The tarot card lady said that a green chicken would give me the keys to my financial freedom. LOL

[@marcusallee8991]

Caution: never play poker with tarot cards. When I was little my friend and I found a deck of tarot cards, he got a full house and three people died.

[@patentexperts1675]

LMAO

[@tdrbrt]

I was told by a car dealer EV's don't really work in subzero climates. Both the charge is affected and the blasting a heater consumes a lot of battery life.

[@allancastillo3419]

Makes sense they're prominent in California

[@jimuren2388]

The battery drains a bit each day as the car maintains the battery at an optimum temperature. Be VERY careful when going on vacation ... you might come home to find your car has become a brick.

[@shawn576]

The heater is a surprisingly small load on the car. Heater for the inside of the car is maybe 1000W when it's on full blast, but the car is using 50x that amount in just regular city driving. Cold temps are what destroy battery life. There was a snap where temps dropped to -40C in Edmonton and lots of our gas cars couldn't start, and lead batteries in our cars are a lot more robust in cold temps than lithium batteries are. At least a gas car can be jump started; a battery car is straight up dead until it warms up.

[@effexon]

@@shawn576 big question is even small mall needs 10MW or so charge capacity for couple EVs, let alone bigger ones.... in colder city everyone needs those so people come to do grocery shopping. that infrastructure can be big demand. i doubt people could have enough solar panels in sparsely populated areas so EVs are biggest benefit in dense urban places. ofc to reduce need for second car also those sparser key locations need charging options. thus huge increase of electric production and storing is needed allover.

[@Lyzaaarnew]

I do like doomberg but $40 a barrel without the war premium is wrong. With the increase in costs to extract it from the ground no companies make money, it’s more like $60-$70 minimum

[@palookakj6622]

I agree. There was no discussion of inflation on the energy market

[@PeterLeeInvest]

@@palookakj6622 I feel the same. Especially with capex of oil companies going down & much more...

[@ChadDidNothingWrong]

If we werent such cowards and we properly used our political leverage on OPEC, we wouldn't pay shlt for oil.....unfortunately the entire boomer generation is weak

[@thebarryman]

33:00 "we're trying to professionalize our organization" says the green chicken

[@marcgirard7551]

David Lin, great show as always. Can I recommend that you have Eric Nuttall on to talk oil and energy and perhaps even better if you have him debate Doomberg on the political risk premium in the oil price currently?

[@jtrealfunny]

Doomberg and Lynn Alden squaring or differentiating their world views would be very interesting to me. I love Doombergs real world industry level pragmatism and I love Alden's macro/historical analysis of money and it's alternatives.

[@abeybaby29]

Oil is the energy that drives the economy. With out energy nothing gets done.

[@dman9416]

Thanks Zoolander , water is wet.

[@PeterLeeInvest]

Feeds into everything

[@ChadDidNothingWrong]

@@dman9416 liberals don't know this

[@kenlydon1395]

Oil is not “energy” it is FUEL the energy is produced when this fuel is burnt .

[@Tomorrison28]

​@@ChadDidNothingWrong That's a fact. I've had too many conversations where the average person doesn't consider the role of energy

[@KillroyX99]

If oil prices dropped to $50 a barrel, then oil companies would cut production to get it back to $80 a barrel.

[@cjswa6473]

Let me explain a bit about natural gas. At 1.60mcf.Nobody is drilling for nat gas. Nobody. We are getting excessive nat gas now because we are putting 4 straw's(drilling) the same oil reserve where there used to be 1. This produces a flush production, but keep in mind the oil reserve field remains the same. We are not finding more oil..in fact, most oil is now termed "tight" oil. We are just wasting/ spending more money to get the oil out faster. In fact..one might argue that more drill holes gets you more access to the oil... actually the reverse often happens. Many formations are very sensitive and that why even at these crazy low prices, you still dont shut in the well wait for better prices. Often it doesn't come back at all when shut in😮

[@marcovaldovinos4754]

Doomberg has gotten oil price direction 11 out of his last 9 predictions. Green chicken credibility is suspect. I don’t understand why green chicken is still around.

[@lamloc5068]

I am amazed that David can understand a big bird talking LOL

[@pbrown0829]

You do realize he is speaking English. It’s super easy to hear and understand him

[@penponds]

Trump will take the edge off oil price rises in short - medium term, but long term, energy demand even allowing for a 18 month recession will keep moving upwards and Doomy reveals woeful lack of appreciation of oil industry dynamics.

[@BIGGOODBOY]

Who do you get your Econ info from? A green cartoon chicken..

[@barryfleming8488]

Love your chicken ❤

[@Userhfdryjjgddf]

Kinda scary that if it's a person's face you instantly trust them more

[@myutube8x]

Excellent job David; you always have so many questions that are in alignment with what your listeners want to know. And Doomberg, as always. skillfully brought us so darn much clarity.

[@adamg4490]

One of your best interviews to date! Thanks!

[@LarsLarsen77]

Oil going up is the max pain scenario.

[@jeanpaulfelix4095]

every chicken comes home to roost.

[@jmanakajosh9354]

U.S. is a major oil producer this is good for many companies in the U.S.

[@vincentyeo88]

For the consumers, yes! But not for the producers. For the grabberment, more corporate taxes to spend.

[@PeterLeeInvest]

So true - feeds into everything. 1970-80ies is the prime example

[@aaronsullivan1628]

The big green chicken with the electric voice is Ai… artificial insanity. Natural gas conversion is expensive and maintenance is complicated. Tartarini and Impco conversions need to be maintained. Parts are expensive. When you add it all up, you understand why a Union Gas truck was filling up with gasoline at the pump the other day, as the conversions were removed due to high cost of maintenance. If the big green chicken had any ballz, he’d show his face.

[@socialseahawksfan9325]

I bet it's Cathy wood 😂😂

[@Horatio1886build]

That’s what I thought but there are solutions. The stuff is “ dirt” cheap. Like the bird said- don’t underestimate our ability to solve those technical apparatus issues. Unlike pure EV tech which has some unsolvable physical defects.

[@socialseahawksfan9325]

@@Horatio1886build the bird is a quack when it comes to energy.

[@brainkill7034]

Compressed natural gas powered vehicles have been around for quite some time now. The most prevalent in the US would probably be public transportation. Many city busses have run off of it for the better part of the past two decades.

[@Clemsnman]

The EPA is the biggest reason we don't have natural gas powered vehicles as the majority now.

[@allen_p]

Major reason no new petrochemical refinery has been built in 30 years

[@SomeUserNameBlahBlah]

What's the efficiency vs. gasoline engines?

[@brandonnetzley1906]

​@SomeUserNameBlahBlah in Brazil Uber drivers have NatGas conversion kits. It's insanely cheaper.

[@tbone5654]

@@allen_p Yeah, but all the existing refinery's have been expanded 3-5X in size. You need context, or be blind.

[@RD-kz4wr]

@@brandonnetzley1906 This existed in the late 90's in Canada

[@usaverageguy]

I don,'t get this guy. $200 dollars a barrel oil dose not mean we have reached peak cheap oil? $140 a barrel brought the world economy to it's knees! And he has obviously never driven a natural gas engine vehical. They are a maintaince nightmare.

[@Resmith18SR]

Another Eggcellent interview David. 😂

[@stephenheins7182]

Roll on, Doomie, you are articulating a sane vision about the future at a very clear level. Thanks for your great work and thinking.

[@michaelcorey9890]

Really appreciate how David challenges Doomberg on some points unlike the RO show (Rosanna P.) who just pats Doomberg on the head the whole time saying how brilliant he is. Good show. I'm subscribed.

[@truhunk1]

Filling cars with natural gas needs massively strong compressors to fill those tanks. I dont think homes can accommodate these compressors. The tanks are also quite large, and they get only half the range of EVs. I speak from experience. Natural gas cars is not new. My car 30 years ago was powered by natural gas. It also has about 15% less power.

[@info88w11]

World will rapidly transition to methanol fuel for motor transport . Methanol fuel will be produced in a carbon neutral process. Technology to produce methanol at scale has been recently developed using CO2 & copper.

[@tracyreutlinger5387]

Isn’t the price of oil going up part of the business cycle as well? At this point in the market oil and gold generally perform very well.

[@andreyyakunin3114]

Very smart comments for a huge green chicken

[@mechannel7046]

2:00 geo risk, natural gas glut 8:45 opec 16:25 glut of natural gas 19:20 gas vehicles to stay 26:00 trump win bearish for oil 28:30 peak oil myth 30:20 polical decision will not survive energy crises

[@animalsarebeautifulpeople3094]

Possible war isn't the only reason why oil price must go up.

[@socialseahawksfan9325]

Yup...

[@johnramhos]

I never thought I could learn so much from a cartoon bird. 😂

[@bellakrinkle9381]

You are the exception. Most do not take any green chickens seriously.

[@briannewman6216]

CNG engines have been around for decades. They do produce NOx. They only makes sense if the price of Nat gas is much lower than oil.

[@edwardhemberger9542]

Good stuff David.I had asked you a question awhile back about Harry Dent & you responded !! PS have been involved with commodities since 2020 & theirs lots of money to be made.

[@MarkJensen-se8nn]

*Re: $50.00 - &200.00* Retracement back to 50.00 (Brent/WTI) is simply -laudable- ridiculous. Regards -

[@sonnygsmith3207]

Very interesting and informative info👍

[@quietStorm247]

Thank you so much, David, for bringing to the forefront the thoughts of the prominent energy expert Doomberg.

[@janetpelletier1238]

This is such a good interview! Thank you.

[@RustyAwalt]

David, great job as always. I’m amazed how you keep the poker face during the interview. I couldn’t hide my bias.

[@DMathew-m5i]

Awesome info as always :)

[@ZapperJohn]

Great interview!

[@bahpapajarmjackson]

Best guest you have had.

[@bennylava8717]

canada was the leader in CNG research, development, and production but their gov't dithers. Canada was also ahead of US, Australia, indonesia in LNG but again, gov't dithers.

[@dabronx340]

I love the climate colonialism evidenced in that interviewers question and insistence that Ghana needs European permission to use its natural resources for itself

[@stanburman9978]

Excellent discussion. Thank you David and Doomy. It would be nice if Toyota could get the memo on the CNG engines.

[@Fart-b2s]

This was one of doomberg’s better interviews. I enjoyed it! I always enjoy doomberg and David

[@CraftEccentricity]

Up 50 cents a gallon since Monday in FL 9a

[@Northern-Don]

Our green chicken friend doesn’t seem to have a clue concerning EV’s

[@alanmrsic893]

Great stuff, thanks again!

[@martinroncetti4134]

The cure for high prices is high prices.

[@rustymorning431]

Such a great interview!

[@KillroyX99]

Good points about the SPR. Congress mandated ~410 million barrels of oil to be sold from the SPR.

[@jimmyjamesl6605]

I just subscribed to your channel because of this interview. Fantastic!

[@alexconnors1027]

Oil goes to $200 would kill G & S miner profits...

[@judgedredd8876]

At 3:30 "the beginning of the realization that the war is not going so well" The guy has been under a rock for a year?

[@boromirsonofdenethor2586]

Oil @ $50 per barrel LOL

[@ripster9713]

Don’t forget $700 Gold!🤣

[@edackley8595]

Trump would be bearish for oil prices, for sure. Other inflationary pressures would stay intact as Trump is a deficit runner. Gold might back off, however, as the de-weaponization of the US dollar would commence.

[@socialseahawksfan9325]

Yea, the bird is coocoo I'm his thesis'.

[@Evelynlee89096]

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[@paulomartinez705]

It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!

[@kristianscout]

Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary

[@MateoHunt]

Been loving the interviews! Good job!..

[@gamano7905]

I am an American living in Thailand, they have been using CNG for cars and freight trucks for many years and it works well

[@Dodger1999]

But there usage in Thailand is in decline. Look at all the empty CNG refill stations.

[@RageOfBlades]

I came for the bird but stayed for the content. This was a great discussion.

[@stevendefehr4393]

Great talk David!! That’s no Chicken!!! THATS A ROOSTER ‼️ Have him back again before the end of the year please 😊 Cheers 🥂from BC’s Fraser Valley

[@prettyblueplanet]

If only politicians could be this honest and smart.

[@ryuaan]

Smart guy who has lots of interesting ideas. Seems 100% certain about what will happen in the future, leaving no room for alternatives other than the ones he advocates for. Why put any stock in fortune tellers unwilling to show their faces?

[@KillroyX99]

EVs run on Natural Gas "refilling" a EV is much easier today than an CNG vehicle. Many Natural gas refill stations would need to be built to make CNG convenient.

[@_Imaginethis_]

Who wore the hairstyle better. David or Doomberg?

[@davebrewer7170]

That isn’t a serious question. Answer is obvious

[@FamilyofFour30]

He’s been spouting recently about how oil prices were going to crash. So what’s changed?

[@bennylava8717]

DJT also want to crush the EV wave.

[@Dog_gone_it]

Fudders are comparing BTC to beanie babies when electric cars are the true beanie babies. 😅

[@Rawdiswar]

Now that's a comparison.

[@prolific1518]

This level of smooth brain is dangerous to society

[@CollectorChronicles]

One thing about internal combustion cars is that poor people willing to work on them can keep them going. Myself and some of my friends have 80s cars and we can go to a junkyard and swap out engines and transmissions and have a set of wheels even if we're behind the 8-ball financially. If we can save a whole car and all these parts from the crusher I don't see how that isn't helping the environment. And incidentally I'm a Mercedes guy and Mercedes-Benz still makes parts for very old cars that are pretty much always a higher quality version of what left the factory.

[@ALLworldCONSTRUCTIONLLC]

historical data suggests sectors like energy and financials tend to perform well leading up to and following inflation peaks

[@12345maxx]

"Why did you buy that stock?" "Well this green chicken on you tube said..."

[@marcobiagioni]

Doomberg ❤❤❤❤

[@MCC876]

Respect the show. Love it. But $200 a barrel for oil? Come on, no way. Click bait. It worked for me.

[@paulcowderoy6403]

Excellent, thank you

[@chrishardin7183]

This all starts and stops with OPEC. If it decides to increase production, price goes down. If not, price goes sideways or up. This has nothing to do with Ukraine.

[@tbbarabara]

How could they NOT SEE things were going very, very badly in Ukraine before Dec? This is very, very strange!

[@datboi449]

from what I understand, the oil exclusive refined products are no longer exclusive and the chemical engineering has been done to open them up to NG. the next step is industrial buildout to support supply chains.

[@MattieXMoto]

The chance for peace is zero

[@JoeButtcrack]

He said its a sucker's bet to fade human ingenuity, and this is what led to the discovery of nuclear energy, but human inginuity is also what led to the development of the nuclear bomb...

[@benhaze1010]

The green fellow is very wrong about CNG. It has one of the major hurdles of deploying BEVs: weight. The increased weight reduces payload for many applications. Also if anything it will be LNG, not CNG that may gain some market share.

[@timmySmith-jl8jx]

I trust this green chicken more than any FED chair or mainstream economist

[@ChaimLoecher]

A quick rebuttal: he bases all cusumer behavior on cost to opporate ... if CNG is so cheap (you would install a CNG pump in your garage) it would still be cheaper to buy a $30k EV and power it using CNG ( or Grid electricity) . Point is fossil fuel isnt dead by 2030... its just dying a slow death until new tech becomes overwhelmingly cheaper to opporate : Tucking, Peaker plants, shipping, last mile delivery and Robotaxis... (US, EU and similar nations)

[@sergios9338]

Well I’ll be damned….why did the chicken cross the road? Because he’s my financial advisor. Lol best show hands down!

[@jamesperry6334]

$50 per barrel would be less than the production cost of many fields, no?

[@ImRickSanchez]

Yea I heard opec needs prices above 65

[@jamesperry6334]

@@ImRickSanchez I’ve heard they need 85-90 for their fiscal commitments, although their lifting costs are low. I recently read up to 80 for shale. So not sure where he gets this. We’ll see.

[@socialseahawksfan9325]

Yup he should be called el Pollo loco...

[@ryansmith3369]

should have Art Berman on to debate Doomberg... Art seems so have a BIG problem with Doomberg.

[@nonokodog622]

Only problem with CNG is the loss of power, about 20%. I wonder if hybrids will be used with CNG ?

[@edenrr390]

Thanks for posting David. Sounds like Doomberg was a follower of the late Randy Peterson. Cheers SV Good Karma as Grins

[@ichibanxeo6447]

To have natural gas in a car or truck. U need to have storage tank that weigh 1000 pound per car for safety. Not going to happen.

[@NardSpain]

Doomberg is on crack. If its not battery, it will be hydrogen.

[@ziftar]

The faster we get to $200 the better. CYA Biden, worth the price.

[@galawanjiyoussefradu5505]

Wow, he really called Israel , US proxy! You can't say that ! It's blasphemy, antisemitism 😂😂 !

[@trevorlally7860]

With shale oil becoming more gassy,opec is in the driver's seat and they said they need 90 to $95 oil for all. Their spending projects with the cost of inflation for at least at 85 to 95 oil. The chicken is wrong

[@regulartxdude7813]

LOVE Doomberg!

[@davidbuffalo6821]

Go get ‘em Doomy!

[@PingYmsum]

Elon is betting oil is going to $200 a barrel at which point everyone will run out and buy an EV. That's why he's a billionaire even though Tesla has lost money every year.

[@nigelsmith186]

Incorrect. Tesla has been in profit for a couple of years and now has around 25 Billion dollars in the bank. It's spending plenty of this on compute for autonomous vehicles and when it cracks that nut the regulators will be forced to allow battery electric autonomous vehicles on the road everywhere because they will save tens of thousands of lives each year due to being safer than human drivers. Running a Tesla car now with just autopilot engaged is five times safer than a human driver and HAS already saved many lives. Perhaps a few in very cold climates will keep running diesel but the G7 will go BEV/Autonomous for most commute/local transport.

[@aaa21usa]

Good analysis!

[@Oneloftracing77]

Oil will go sideways for the rest of April I feel the monthly average price will be lower for May and June July I am expecting Oil to be trading range 70/80 dollars market is going nowhere.

[@drmodestoesq]

Re: ICE vehicles removed from the roads. The average vehicle has a lifespan of 16 years. Average. So people would rush out to buy a vehicle one year before the ban. And then they would just fix up their vehicle for the next twenty years. For example, how many people do you know who would replace then engine on an ICE vehicle? Not many. But they would if they couldn't buy another ICE vehicle.

[@omerarduc7371]

David this guy is a quack why would you have him on?

[@Mr_Hundredaire]

My favorite green chicken ever

[@jeffsurfanderson]

Good content . Thanks David

[@ydobp]

Appreciate the news