Adam Taggart | Thoughtful Money, Released on 9/15/24

As today’s guest rightfully often repeats “Energy is life” Without it, there is no economy. No means to power the systems society depends on. And, like it or not, the world still runs on hydrocarbons — most especially oil. Well, oil is in an interesting place right now. It’s starting to become cheap again. After trading near $120/barrell following the Russian embargo ensuing from the war in Ukraine, it’s now nearly half that — trading at $67/barrel the day of this recording. New technologies are creating oil substitutes from natural gas condensates. And the OPEC cartel, which has exerted control over world oil supply and therefore price, suddenly looks in danger of losing its grip. What do all these mean for the future of oil? And in turn, for the economy? And where are the best opportunities for investors? To find out, we have the good fortune today to sit down with the green chicken himself, energy analyst Doomberg.

Doomberg is the anonymous publishing arm of a bespoke consulting firm providing advisory services to family offices and c-suite executives. Its principals apply their decades of experience across heavy industry, private equity and finance to deliver innovative thinking and clarity to complex problems. Doomberg on Substack: https://doomberg.substack.com.

Adam Taggart is the Founder of  Thoughtful Money. He is also Co-Founder and former President of Peak Prosperity. Adam is an experienced Silicon Valley internet executive and Stanford MBA. Prior to partnering with Chris Martenson (Adam was General Manager of our earlier site, ChrisMartenson.com), he was a Vice President at Yahoo!, a company he served for nine years. Before that, he did the ‘startup thing’ (mySimon.com, sold to CNET in 2001). As a fresh-faced graduate from Brown University in the early 1990s, Adam got a first-hand look at all that was broken with Wall Street as an investment banking analyst for Merrill Lynch. Most importantly, he’s a devoted husband and dad.

  Adam Taggart, AI, artificial intelligence, doomberg, investing, natural gas, oil