But we knew better, especially after three years of... [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy The Good, the Bad, and the Downright Profitable Oil Stocks in 2024 Keith Kohl | Dec 19, 2023 Nobody gets it right all the time. But many of my calls were right on the mark, such as, the resilient demand weâve seen throughout the first three quarters of 2023. Or, that oil was dirt cheap after selling off last March. And the veritable smorgasbord of oil profits that were still ahead when summer came rolling around. But in the holiday spirit, Iâm also humble enough to know that not all my predictions came true this year for the oil markets. And you know what? Sometimes thatâs a good thing⦠The Good One of the most pleasant surprises came from the U.S. oil fields. Earlier this year, it was very hard to make a case to the upside for U.S. oil output. Not only were there fewer and fewer rigs being deployed into the field, which in-and-of-itself is a major red flag that future production would be limited, but there were other signs of trouble, such as the rapidly falling number of drilled-but-uncompleted wells. Yet through it all, U.S. drillers are now extracting more crude oil out of the ground than ever before. If the EIAâs numbers hold true â and that may turn out to be a very big IF, mind you â then current production stands at a little over 13.2 million barrels per day. But hey, thatâs a good thing. The problem now becomes: How high can it go? Weâll save that one for later. Tesla Is Dead... Elon Musk Is Ruined Thanks to a new discovery â known as âBlue Gasâ â electric car companies like Tesla are about to go down in flames. âBlue Gasâ is 100% emission-free, can propel vehicles hundreds of miles, and allows cars to fully charge in just minutes. And the tiny company behind it is primed to absolutely shatter any gains ever paid out by Tesla. [Click here before this stock explodes in the coming months.]( The Bad Then there was China. All year, the headlines were littered with doomsday calls over Chinaâs economy. But we knew better, especially after three years of lockdowns finally over. For most of this year, Chinaâs oil demand surpassed expectations just as we had expected, and remained throughout the year. During the first eleven months of 2023, Chinaâs imports grew 12.1%, but finally started to show cracks over the last few months. Remember, China was supposed to be the penultimate driving force for global oil demand. If it falters, then oil prices fall sharply. Unfortunately, that demand picture has finally become clouded, with demand growth expected to slow in 2024. However, the silver lining in 2023 is that no matter how you played oil this year, you wouldâve come out ahead. And things are about to get even better.  Shots Fired!!! A war is raging between Wall Street and Main Street, and weâre going to battle. Join our private community of like-minded investors every trading day at 9:00 a.m. for our "Opening Salvo." Weâll tell you which stocks weâre watching. Weâll catch you up on key market-driving events. And weâll be speaking our minds without any corporate sponsors or three-letter agencies peering over our shoulders. Participation is free for anyone with [this invitation.]( P.S. This is an exclusive, limited-time event. We rally at 9:00 a.m. until market open. Trading days only. You must be a member of our private Discord to participate. [Join here]( and check back in at the "Opening Salvo." The Downright Profitable Oil Stocks in 2024 No matter how uncertain you were about oil stocks in 2023, the one truth that became glaringly clear to us all is that this was the year of the mega-merger. For all of its advantages, Big Oil has always had one downside: Growth. You see, one peculiar little tidbit that most investors donât realize is that massive oil companies like Exxon Mobil donât achieve their growth through the drill-bit. They play by a different set of rules, and are far less occupied with staking out new claims in up-and-coming areas. Why should they? When you have a war chest like Exxon, you donât have to fret over little things like that. Besides, if you canât beat âem, just buy âem⦠And thatâs precisely what happened in 2023. Exxon announced its buyout of Pioneer Natural Resources for $60 billion back in mid-October. A few weeks later, Chevron made its own move to grab Hess for about $53 billion. Thatâs more than $100 billion on oil and gas mergers in the Permian Basin in just the last few months. And those deals have lit the fuse for more M&A in the oil and gas industry. You can bet theyâre not done yet. Last week, Occidental said it was dishing out $11 billion to pick up CrownRock in West Texas. Donât be surprised to see more and more of these deals in 2024, and reshape the U.S. oil patch as we know it. The only question that should be on your mind now is, âWhoâs next?â [Well, I know who Iâm buying.]( Until next time, [Keith Kohl Signature] Keith Kohl [[follow basic]Check us out on YouTube!]( A true insider in the technology and energy markets, Keithâs research has helped everyday investors capitalize from the rapid adoption of new technology trends and energy transitions. Keith connects with hundreds of thousands of readers as the Managing Editor of [Energy & Capital](, as well as the investment director of Angel Publishing's [Energy Investor]( and [Technology and Opportunity](. For nearly two decades, Keith has been providing in-depth coverage of the hottest investment trends before they go mainstream â from the shale oil and gas boom in the United States to the red-hot EV revolution currently underway. Keith and his readers have banked hundreds of winning trades on the 5G rollout and on key advancements in robotics and AI technology. Keithâs keen trading acumen and investment research also extend all the way into the complex biotech sector, where he and his readers take advantage of the newest and most groundbreaking medical therapies being developed by nearly 1,000 biotech companies. His network includes hundreds of experts, from M.D.s and Ph.D.s to lab scientists grinding out the latest medical technology and treatments. You can join his vast investment community and target the most profitable biotech stocks in Keithâs [Topline Trader]( advisory newsletter. [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. 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