Forget EVs, Big Oil Still Holds All the Cards

Car buyers don’t care about... [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy Forget EVs, Big Oil Still Holds All the Cards Jeff Siegel | Feb 16, 2024 Well it’s official … Shell (NYSE: SHEL) has permanently closed all of its hydrogen refueling stations for cars in California. The company cited supply complications and other external market factors. Those other external market factors? Car buyers don’t care about hydrogen. I suppose if hydrogen stations were abundant and the fuel itself was considerably cheaper than gasoline and diesel, that wouldn’t be the case. But it is. So why would Shell, and really so many other oil companies be so bullish on hydrogen when it still remains cost-prohibitive to pursue after so many years? The answer is simple... The Single Most Important Geological Discovery of Our Generation A tiny mining firm is at the forefront of mining the world's largest lithium deposit... And it’s NOT overseas in some politically unstable nation... Every single ounce of this record-breaking deposit is right here in America. With an estimated value of $1.5 trillion, it's about to launch this $5 stock into the stratosphere... [See the full details here.]( Because electric vehicles pose an existential threat to the longevity of Big Oil, but hydrogen vehicles do not. You see, electric cars don’t need oil or gas. But hydrogen does. At least today, anyway, as most of today’s hydrogen is created using natural gas. This, of course, doesn’t mean it shouldn’t be pursued. It absolutely should be.  As populations grow and energy demand increases, we need everything we can get our hands on. I actually have high hopes for hydrogen. I would love to see it used more as a cleaner fuel source for industrial processes, such as steel and cement production. And one day, I absolutely believe it will be a part of our transportation fuel mix, too. But not anytime soon.  Of course, either way, Big Oil still comes out ahead, because even with the rapid adoption of electric vehicles, the big oil machine still holds all the cards. AI Fuels Secret $50 Billion Opportunity Using artificial intelligence, a small company just made the most significant breakthrough in medical history. We’re talking about a revolutionary approach to inventing new medicine that’s up to 10 times faster than traditional drug discovery... Cuts development costs by as much as 80%... And is igniting what Morgan Stanley predicts to be a "$50 billion opportunity" for investors. [Check out all the explosive details here.]( In fact, according to our in-house oil & gas expert Keith Kohl, we’re about to enter another 10-year bull market in oil with prices creeping back up over $100 a barrel and staying there for the foreseeable future. In one of Keith's most recent investment notes, he wrote … "Due to the convergence of three powerful economic triggers, I believe we’re on the cusp of a multi-year bull market in oil. Not only will crude oil prices soar, but my research indicates they will not come back down for years. Most Americans will be blindsided as prices for fuel and everyday goods reach unprecedented heights. But for smart investors who know what to do, this is a rare opportunity. That’s why I’ve recorded this urgent briefing today." You can [listen to that briefing here.]( You can also [read his complete analysis here.]( To a new way of life and a new generation of wealth... [Jeff Siegel Signature] Jeff Siegel [[follow basic]Check us out on YouTube!]( [[follow basic]@JeffSiegel on Twitter]( Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor's [page](. [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Energy and Capital, Copyright © 3 East Read Street, Baltimore, MD 21202. 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](tel:/18773034529).