9 Comments
User's avatar
orangecannonim's avatar

Love your recent articles.

So when we hit $150, $200 oil, the world goes into recession.

What happens to oil stocks when everything is going down?

Do they survive/thrive or do they fall too.

wassname's avatar

In a few oil driven recessions they went up with the oil price. In most recessions there was demand destruction and they went down.

Thats why some people set a stop loss or get oil futures calls.

Bryan's avatar

Beautifully written xxx

@ValueInvesting's avatar

I enjoyed the self-reflection parts. Reads like a crime novel. Thanks for sharing.

V3's avatar

Excellent work

wassname's avatar

If it gets to high shouldn't we get out of oil equitues?

Christian's avatar

I think Saudi “spare capacity” could be a myth which you allude to. :) We live in interesting times

Jonathan Johnson's avatar

Hell of an article. I love your work. Thank you!

AncientSion's avatar

A lot of people including investors dont realize that high oil prices dont just mean some stocks go up. There will be huge repercussions, like people wont be able to pay for energy, and the poorest will get hit the hardest.