Oil Price Forecast - Feb 16

[dan_s]

Quote below is from Keith Kohl, the oil & gas expert at "Energy & Capital".

"Due to the convergence of three powerful economic triggers, I believe we’re on the cusp of a multi-year bull market in oil. Not only will crude oil prices soar, but my research indicates they will not come back down for years. Most Americans will be blindsided as prices for fuel and everyday goods reach unprecedented heights. But for smart investors who know what to do, this is a rare opportunity."

MY TAKES:
> Today we have a global diesel shortage, that will get serious when the planting season begins. Farm equipment runs on diesel.
> Per EIA, U.S. oil production growth has slowed significantly and may peak and roll over late this year. < A major Paradigm Shift for most people.
> IEA continues to under-estimate oil demand growth.
> The shooting war in the Middle East seems to be getting worse to me.

[dan_s]

Link to Keith Kohl's video that was recorded a few months ago, but his message is still valid: https://secure2.angelpub.com/o/web/675537

Many of the stocks Keith mentions were in our previous Sweet 16 Growth Portfolio. A few of them are in the current Sweet 16.