As Tesla (Nasdaq: TSLA) and other electric vehicle stocks dominate the financial headlines... Conventional wisdom among investors is that oil is on its last legs. In 2020, oil became the most hated asset in history. Oil prices did more than fall off a cliff. They fell into a well. On April 20, the price of West Texas Intermediate crude went negative - falling as low as minus $37.63 a barrel. Boosted by the global economic recovery, investor sentiment gradually recovered. Oil clawed its way back up to $45 a barrel by November. And just this week, the price of Brent crude oil hit $56.51 - its highest price since the start of the global pandemic. As is always the case with extreme market sentiment, investors threw the baby out with the bathwater. Shockingly, Wall Street's "smart money" now believes oil could go back up to $100 a barrel. Not only did oil stocks survive the pandemic of 2020... But the oil sector may offer the single best investment opportunity in 2021. As commodities guru Jim Rogers likes to say, "No one can revoke the law of supply and demand." And understanding how that law applies to oil is key to today's bullish case for oil and oil stocks. Let me explain... An Explosion in Demand Oil went negative last April after the global pandemic brought global travel to a screeching halt. Fast-forward to today, and analysts now believe that oil demand may bounce back much faster than expected. Most of the world has been locked down in quarantine. So it's only natural that the rollout of vaccines will unleash pent-up demand for travel. You need only look toward Asia for a glimpse of the future. Asia came out of the pandemic faster than Europe and the U.S. And sure enough, travel demand has exploded. So much so that some bullish analysts estimate that oil demand this summer may even exceed 2019 levels. Meanwhile, pundits expect a Democratic-led administration to spend freely to boost U.S. economic activity. This fiscal stimulus will both boost oil consumption and weaken the U.S. dollar. Oil and other commodities denominated in dollars will become far cheaper for emerging markets. In a virtuous circle, cheaper oil, in turn, will lift demand and push oil prices even higher. | 
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