[2024-05-02] Crude Oil Could Hit $100 a barrel and What it Means for You - Mike Mauceli, Dan Kish

The Rich Dad Channel

Thursday, May 2, 2024

Crude Oil Could Hit $100 a barrel and What it Means for You - Mike Mauceli, Dan Kish

In this episode of the Energy Show with REI Energy, host Mike Mauceli discusses the complexities and geopolitics affecting oil prices, particularly the potential of hitting $100 per barrel of oil. Guest Dan Kish, Senior Vice President of Policy at the Institute of Energy Research, explores factors driving high oil prices including Middle East risk, global demand, and U.S. energy policies.

Mauceli and Kish scrutinize sanctions on countries like Russia, Iran, and Venezuela, the strategic petroleum reserve (SPR) status, domestic production challenges, and the Biden administration's stance on energy. The discussion also touches on the impact of electric vehicle policies, the reality of oil exports and imports, and the role of emerging technologies in fracking. Kish predicts sustained high oil prices and critiques U.S. government strategies around energy production and refinery capabilities, providing a comprehensive insight into the current and future state of energy policies and market trends.

** TOPICS **
Introduction
Exploring the Impact of $100 Oil
The Strategic Petroleum Reserve (SPR) Dilemma
Investment Insights and the Future of Oil Prices
Technological Advances in Oil Production
Concluding Thoughts and Future Predictions

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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.

The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.

https://www.youtube.com/watch?v=FkSiYwERa5c

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