George Gammon
@georgegammon·577K subscribers·959 videos
Shocking Future Of OIL PRICES! (Revealed)
Posted
May 21, 2020
Views
52,391
Likes
2,247
Comments
462
Engagement
5.17%
May 21, 2020
52,391
2,247
462
5.17%
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19:11Now PlayingOil price 👉 INTEL YOU NEED TO KNOW! 👈 We always talk about how a society can't consume unless there's production. But how can there be production without energy? Answer: There is no production without energy, and currently oil is the most dense source of energy. So when analyzing oil prices you need to start with the premise that there has to be a buyer for oil OR the standard of living, for society as a whole, will dramatically increase. If you believe we'll choose to use oil over going into a global depression for decades then you must also believe the price of oil will at some point be higher than the cost to produce. And here's were it gets interesting, we all know oil will most likely be higher long term, but how much higher? $50, $100, $200 a barrel? Those are the questions about the future of oil prices we explore in this video and much much more!
If you're interested in oil, commodities, gold, silver, and the future of the economy THIS VIDEO IS FOR YOU!
In this video where we explore future oil prices I discuss the following:
1. What can we learn from past oil prices?
2. What are past and current costs to produce oil?
3. What is the actual value of oil and what could cause oil prices in the future to rise?
For more content that'll help you build wealth and thrive in a world of out of control central banks and big governments check out the videos below! 👇
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#MindBlowing #Oil #Intel
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