89 TIP: Oil – A Bearish Opinion w/ Gail Tverberg

In this episode, Preston and Stig talk with oil expert, Gail Tverberg, about the potential direction of the energy sector in 2016. Gail provides an interesting argument about oil based on her opinion that central banks have destroyed the middle class. Gail believes this lack of consumer demand will have a negative impact on prices moving into the long-term price action.

IN THIS EPISODE, YOU’LL LEARN:
– Why credit cycles are important to determine the future oil price
– How the strong dollar impacts the oil price
– Why central banks are not only dictating national monetary policy but the global oil market as well
– Why oil price might be unsustainable above $50 per barrel
– Why unprofitable oil companies have incentives to increase production
– Why North America is likely to slow down oil production in 2016

Subscribe to the We Study Billionaires podcast show: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP

To access our show notes, courses, or forums, go to https://www.theinvestorspodcast.com/we-study-billionaires
⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
ADDITIONAL INVESTING RESOURCES:

Intrinsic Value Assessments:

Investing Explained:

We Study Billionaires:

Bitcoin Fundamentals:

Millennial Investing:

Real Estate 101:

Asset Allocation Course:

⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
Download Stig & Preston’s 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/form-youtube-checklist

Have a question? Get your voice heard on the show: https://www.theinvestorspodcast.com/your-questions
⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.