Hard Commodities

The Truth Behind Rising Gas Prices

The Truth Behind Rising Gas Prices

In times of turmoil, people tend to point fingers at anything and anyone. And in today’s market, with two weeks of downtrends, increased interest rates and rising prices on gasoline …everyone’s pointing fingers. But who’s to blame here, if anyone? Today I’ll be clearing the air on these gas price myths and setting the record…

Why We Can’t Have Nice Things: Energy Edition

Why We Can’t Have Nice Things: Energy Edition

You know what really gets my goat? Plenty of things, to be honest. But the goat-gettingest thing of all is deliberate, self-interested spin masquerading as “research” on critical issues. Energy is a case in point. Recently, The Wall Street Journal published an article blaming a lack of investment in U.S. oil production on the Biden…

Record Gas Prices Are a Turning Point for EVs

Record Gas Prices Are a Turning Point for EVs

Over the past few weeks, the stock market has taken a beating. Stocks are up a little one day and down a lot more the next day and the next day… But there’s something that isn’t going down: the cost to fill up your gas tank. This week, the national average gas price hit a…

Options Arena: Twitter Takeover

Who had “Elon Musk takes over Twitter” on their 2022 bingo card? I owe them a beer or three. The mega billionaire space maverick who just can’t help but get into trouble has done it again. And he’s shaking up much more than the Twitter boardroom. The stock is up 22% this week, and was…

Gun to Your Head, Trade a Meme Stock

I had a wild idea for this week’s Arena… Pardon the morose imagery, but we’re doing a “gun to your head” challenge. I asked our True Options Masters — imagine you HAVE to put $100k into one of five “meme assets.” Which one do you pick and why? The strategy is entirely up to them….

Gas Hits All-Time High: Now What?

Gas Hits All-Time High: Now What?

I remember when I first saw gas prices tip past the $2 mark. I was just a kid at the time. But hearing my parents at the pump made me realize that however much gas cost, it was too much. Nowadays, we can only dream about gas for $2. Here in South Florida, I just…

Don’t Buy Oil Stocks — 1 Chart Shows Why

Don’t Buy Oil Stocks — 1 Chart Shows Why

As you know, the oil market has gone crazy the past few weeks. You might be thinking of buying oil stocks now. But there’s one important thing happening in the oil markets that no one’s talking about. In today’s video, I have a chart that shows why oil’s price won’t stay high for long. (If…

Oil vs. New Energy for Big Gains Over Time

Oil stocks? I see a lot of people looking to buy. Well … I don’t believe you’ll see big money in oil stocks. The longer oil prices stay high, the more “demand destruction.” The long-term trend for oil is still where it was before this war broke out. We’re going to phase out fossil fuels…

Innovation is the Solution to High Oil Prices

Business is going gangbusters at my local Costco gas station. From sunup to sundown, there’s a perpetual traffic jam as long lines of drivers wait patiently to fill their tanks. I took this snapshot yesterday. It’s a wait! As of March 9, the national average price for regular gas is at $4.25 — the highest…

Surging Oil Prices Will Tip Off the Renewable Reset

Surging Oil Prices Will Tip Off the Renewable Reset

The global oil market is at a tipping point. Earlier this year, oil prices trended higher on an increase in global demand. But things really accelerated in the past month. Russia’s invasion of Ukraine has led to a massive rally. Some would even call it a super spike. The price of a barrel of crude…