Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.
It is a great time to own oil and gas exploration and production companies. The deferred transition to renewable power combined with the surge in energy demand from AI within a context of rising geopolitical tension in the Middle East have formed a perfect storm that will reward the fossil fuel sector. The Rabid Capitalist’s oil and gas portfolio (BP, SHEL, TTE and XOM) will continue to benefit from the prolonged period of demand for oil and gas.
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