Anticipate a brand new regular of a lot greater costs?
Josh Younger with Jason Burack of Wall St For Important St
Josh Younger is the Chief Funding Officer & Founding father of Bison Pursuits. Bison Pursuits is an funding agency centered on publicly traded oil and pure gasoline firms.
Throughout this 50+ minute interview, Jason asks Josh about capex and provide facet issues from OPEC and OPEC Plus oil producers together with a brand new regular of rising drilling and manufacturing prices and shortages of supplies, tools and personnel in oil companies to develop US home oil provide.
Josh expects a brand new regular of a lot greater oil costs for years to come back (though a inventory market crash may briefly trigger a crash in oil however it might not final for lengthy in his opinion) and Josh additionally sees gasoline shortages coming to the US in underneath 6 months along with diesel costs staying excessive for an additional few months.
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