Does oil go higher or lower? By how much...

The energy riddle… Dear Reader, I was recently asked how energy factors into the rampant inflation we’re seeing right now. Specifically, if I believed prices could come down while oil is up. My response: “If you get enough demand destruction, it can come down.” My good friend Sam Rines, managing director at CORBŪ and author of After Normal: Making Sense of the Global Economy, said he thought oil was going to come back down to... oh, $80 or so. I said, “That’s your ‘down’?” thinking I’d better invest more in oil. Sam, by the way, is one of the presenters at the SIC 2022, which starts on May 2—[click here for the full list of speakers](. The ESG movement, BlackRock, and others—they’re starving the energy industry of capital, and they’re doing it on purpose. It’s a global thing, too, not just restricted to the US. This is critically important right now, which is why we’ll have an Energy Panel at the SIC packed with highly knowledgeable people in the sector. We’re still putting the finishing touches on it, but you can be sure that it will be eye-opening. Just six days left till the start of the SIC—so make sure you don’t miss it. Even if you can’t attend all the live presentations, we’ve got you covered with video and audio recordings, transcripts, and presenter slides (as available), so you can enjoy the conference at your convenience. [Click here to get your Virtual Pass now.]( Your filled with energy analyst, John Mauldin Co-founder, Mauldin Economics Copyright © 2022 Mauldin Economics. All Rights Reserved Mauldin Economics, LLC | PO Box 192495 | Dallas, TX 75219 This is a promotional email. [Manage your email preferences](