 Practical Investment Analysis for the New Energy EconomyBeware False Oil ProphetsKeith Kohl | Jun 09, 2025 Beware the call of false oil prophets. They’re out there, of that you can be sure, but their intentions are born out of misconceptions that swirl around the idea of U.S. energy dominance. So we can’t really blame anyone for thinking otherwise. The latest example we can see today can be found in a former darling of the U.S. oil industry — Alaska. Unfortunately, I don’t think things are going to work out the way President Trump hopes they will. Trump Just Axed the IRS — $21,307 Windfall IncomingTrump just signed a historic order to replace the IRS with a $1 trillion fund that pays you. Everyday Americans could soon collect checks worth up to $21,307 — but only if they act before the first payouts hit. Over the last few months, we’ve talked about the hard impact that cheap oil prices will have on our domestic crude production in the short term. As you are already well aware, the bulk of growth in recent years has been centered around the Permian Basin. More importantly, it has become clear that any growth is in jeopardy when crude is around $60 per barrel. Remember, some of the biggest drillers in West Texas have come clean about running out of Tier 1 inventory, which is not to mention that the Dallas Fed’s energy survey last March showed that companies are just barely breaking even at current prices. In other words, don’t expect drilling activity to pick up until we see oil rally higher. But this doesn’t jive with President Trump’s plan for energy dominance, does it? Cheap prices or more supply — you just can’t have it both ways. This is the sentiment that brings out new (yet old) oil prophets. And there’s no better talking point than Alaska. Again, we can’t blame anyone for this. After all, Alaska holds the fourth-largest oil reserves in the U.S., with 3.4 billion barrels buried far below ground; the Frontier State was the second-largest oil-producing state for decades. Big Oil truly did have a monopoly on Alaska’s North Slope, where virtually all of the state’s output can be found. In fact, the Prudhoe Bay field was the 18th-largest oil field ever discovered. Unfortunately, Alaska’s oil industry became a sensational disappointment. If you want to see how badly things can go for oil production, look no further than the 79% production decline that has taken place since output peaked in 1988:
Now, President Trump is throwing up a Hail Mary to revive the state’s dying production. Your Window to Claim the Next "AI Equity Check" Is If you weren't already aware... AI firms have been caught "stealing" our personal data to train their AI models. And the U.S. government has decided to step in. This has led to the discovery of a brand-new passive income stream I call "AI Equity Checks." In short, AI firms are legally required to pay a handsome fee to a few special companies... Which then distribute these checks to everyday Americans like you. Right now regular folks are receiving as much as $3,452.50 per month (that’s $41,430 every year for life). And you can too. It takes just five minutes to get set up before the next payout on July 3. Go here to get set up with "AI Equity Checks" before it’s too late. In Alaska, the fight over oil drilling has always centered around Alaska’s Arctic National Wildlife Refuge (ANWR), where billions of barrels of oil sit untapped. The Trump administration is trying to change that, which is why three of his Cabinet members are heading to Alaska to push for more drilling. However, we’re talking about more than just ANWR, dear reader. President Trump’s Interior Department recently proposed a reversal to a previous rule that would put another 23 million acres into play for oil and gas development. This time, it’ll come from Alaska’s National Petroleum Reserve (NPR-A). Under the Biden administration, those 23 million acres were closed off to new oil and gas leasing. On paper, it sounds like a flood of oil is coming, doesn’t it? I’m not convinced. For all the rhetoric over reinvigorating Alaska’s long-dying oil industry, we’ll run into the exact same problem that is subduing growth in areas like the Permian — oil prices just won’t support that kind of development. This is one instance I hope I’m wrong.
Until next time,
Keith Kohl P.S. Trump just dropped a declassified memo forcing D.C. insiders to hand over BILLIONS — and now everyday Americans can claim payouts as high as $8,276 every three months. The only people banned? Federal employees. If you're not one of them, you can start collecting with just $10 and five minutes — but only if you act before the next payout hits.
This email was sent to indra21poetra@gmail.com. You can manage your subscription and get our privacy policy here.
Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info here, including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at 1-877-303-4529. |
Energy and Capital, Copyright © 3 East Read Street, Baltimore, MD 21202.
Tidak ada komentar:
Posting Komentar