by JL Yastine
The Sovereign Investor
Every week brings another spate of headlines about the heavy blows soon to rain down on the energy sector…
“The Oil Collapse ‘Death Spiral’” is coming soon…
And …. “Oil Prices Might Never Recover.”
Apparently, very soon, we will all ditch our gasoline-fueled cars and trucks for Tesla knockoffs. The slow-growth U.S. economy and the rising number of wind- and solar-energy installations around the world will supposedly finish the job.
Boom! Petroleum is “the new coal.”
Don’t believe it. In fact, we may well be entering a new golden era for oil investing — all because of a certain country in Asia with a five-letter name…