One big difference between the presidential candidates

[] we need this whether we like it or not [] [] [] [] All the election chaos over the past few weekends has gotten me thinking about one of the major differences between the two possible administrations we'll end up with come Election Day. Energy policy — specifically their attitudes toward fossil fuels vs renewables — is a significant point of contention, and it has far-reaching implications for our economy and daily lives. As traders, we need to consider what impact each possible administration will have on the markets. Renewable energy like wind and solar often get a lot of attention, and while they are important for our future, we can't overlook the critical role that crude oil and fossil fuels still play. Take a look around you. Almost everything we use daily has some connection to fossil fuels. From the plastics in your phone and computer to the Styrofoam cups you might drink your morning coffee out of to the packaging required for shipping all the stuff that makes up a global economy — all these materials come from crude oil. Even the machines that produce these products need fossil fuels for lubrication. So in my view, it's just not feasible to think we can get rid of fossil fuels entirely and still maintain our current lifestyle. Right now, the current Biden administration isn't too fond of the fossil fuel industry. They push for renewable energy, which is great in theory, but the reality is that wind and solar just can't meet all our energy needs right now. On the other hand, the Trump administration was all about 'drill, baby, drill,' encouraging more fossil fuel production. If we see a change in leadership and policies — specifically if Trump were to get back into office — we might see crude oil prices drop significantly, maybe even down to $30 a barrel. That would be down from a current price per barrel in the $80 range. But that depends on a lot of factors, including how much we decide to pump. So to sum it all up, the demand for fossil fuels is still there. People need power, especially with all the technology we rely on today. While renewables are a crucial part of our future energy strategy, they are not going to replace fossil fuels entirely anytime soon. And they may never be replaced as far as the need for things like lubricants and plastics go. So, when it comes to energy, we need to be realistic and understand that crude oil and fossil fuels will continue to play a significant role in our lives. — Geof Smith P.S. Oil might come down one day, but the gold surge is still on. [Here’s the best way I see to play it](. [] [] All the election chaos over the past few weekends has gotten me thinking about one of the major differences between the two possible administrations we'll end up with come Election Day. Energy policy — specifically their attitudes toward fossil fuels vs renewables — is a significant point of contention, and it has far-reaching implications for our economy and daily lives. As traders, we need to consider what impact each possible administration will have on the markets. Renewable energy like wind and solar often get a lot of attention, and while they are important for our future, we can't overlook the critical role that crude oil and fossil fuels still play. Take a look around you. Almost everything we use daily has some connection to fossil fuels. From the plastics in your phone and computer to the Styrofoam cups you might drink your morning coffee out of to the packaging required for shipping all the stuff that makes up a global economy — all these materials come from crude oil. Even the machines that produce these products need fossil fuels for lubrication. So in my view, it's just not feasible to think we can get rid of fossil fuels entirely and still maintain our current lifestyle. Right now, the current Biden administration isn't too fond of the fossil fuel industry. They push for renewable energy, which is great in theory, but the reality is that wind and solar just can't meet all our energy needs right now. On the other hand, the Trump administration was all about 'drill, baby, drill,' encouraging more fossil fuel production. If we see a change in leadership and policies — specifically if Trump were to get back into office — we might see crude oil prices drop significantly, maybe even down to $30 a barrel. That would be down from a current price per barrel in the $80 range. But that depends on a lot of factors, including how much we decide to pump. So to sum it all up, the demand for fossil fuels is still there. People need power, especially with all the technology we rely on today. While renewables are a crucial part of our future energy strategy, they are not going to replace fossil fuels entirely anytime soon. And they may never be replaced as far as the need for things like lubricants and plastics go. So, when it comes to energy, we need to be realistic and understand that crude oil and fossil fuels will continue to play a significant role in our lives. — Geof Smith P.S. Oil might come down one day, but the gold surge is still on. [Here’s the best way I see to play it](. [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](