Energy Prospectus

What do you see to be the catalyst for the higher prices? Catalysts: Forecasts of extremely hot summer. The driving season starting after the Memorial Day Weekend. Demand for Jet fuel and other petroleum products. Understated world oil production and supply. Saudi Arabia selling their oil to the We...

I believe the price of oil is going much higher. At least to $100.00 per barrel this year. Maybe even $115 by Q4 2023. I don't know about natgas yet but it could be explosive to the upside too.

I find this scenario a fortuitous opportunity and time to accumulate more shares.

Maybe Powell will pause and raise 25 bips in May, June and July. Do you think QT will end and QE is back on.

It's options expiration week and triple witching too. It's going to be a rollercoaster ride.

Looks like a law firm is investigating the merger between BTE and ROCC:

https://www.nasdaq.com/press-release/ro ... ranger-oil

This might not be over.

BTE is only receiving 63% of the company. The valuations by Dan was $74.00. That equates to $46.62.

I was reading a tweet by Tracy(chi)@chigirl yesterday that Russia is planning to reduce their crude exports by 25% from their western ports in March.

Here is the reuters.com news link:

https://www.reuters.com/markets/commodi ... 023-02-22/