Hey Trader,
Oil Thrived Against All Odds Under The Biden Administration
In the fast-paced world of energy market trading, navigating the twists and turns of political landscapes can be daunting. But recent trends have shown that even against the odds, there are lucrative opportunities waiting to be seized.
Despite the Biden administration's push towards a greener future, the oil and gas industry has thrived, offering substantial rewards to savvy investors. Since Biden took office, energy shares have soared by 124%, showcasing the resilience of the sector.
The surge in profits hasn't been limited to individual investors. Top oil companies like Exxon Mobil Corp., Chevron Corp., BP Inc., Shell Plc, and TotalEnergies SE have seen their profits skyrocket to $410 billion during the first three years of Biden's presidency—a staggering 100% increase compared to the previous administration.
Despite criticisms of Biden's climate policies, U.S. crude and natural gas production have hit all-time highs. In fact, U.S. crude production now outpaces key rivals like Saudi Arabia and Russia, cementing America's position as a fossil fuel superpower.
Moreover, the notion that Biden is hindering oil production is a myth. The administration has issued over 10,000 onshore drilling permits during its tenure, showcasing its commitment to supporting the industry.
Looking ahead, analysts predict further upside potential for oil prices, with Brent prices expected to surpass $90 per barrel in the coming months. This bullish outlook is fueled by factors such as production discipline by OPEC+, production disruptions in Russia, and limited production growth by non-OPEC producers.
It presents a unique opportunity to capitalize on the resilience of the oil market. To learn how to navigate these lucrative opportunities and maximize your profits, I invite you to attend our upcoming Training Webinar.
Join us as we delve into the intricacies of energy market trading and uncover actionable strategies to thrive in today's dynamic landscape. Don't miss out on this chance to elevate your trading game and unlock your full potential.
Reserve your spot now and embark on a journey towards greater profitability in the energy market.
Be Relentless In Pursuit Of The Will Which God Has Set Upon Your Heart,
Anthony Speciale
Speciale Analysis
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