You're going against the grain a bit, but contrarians can

Posted on: December 5, 2022 at 16:45:44 CT

reap huge profits.

Unprecedented Liquidations Lead To Historic Collapse In Investors' Oil Exposure

https://www.zerohedge.com/markets/unprecedented-liquidations-lead-historic-collapse-investors-oil-exposure

and gas prices have been dropping

Gasoline Prices Continue To Plummet In The U.S.

https://oilprice.com/Energy/Energy-General/Gasoline-Prices-Continue-To-Plummet-In-The-US.html


and Peter Schiff thinks 2023 is going to be a nightmare scenario of spiking inflation and strong recession

https://schiffgold.com/interviews/peter-schiff-a-currency-crisis-will-fuel-the-inflationary-fire/

OPEC+ is probably going to be pretty aggressive in keeping a floor under prices & Europe is going to be needing a lot of help with their embargo of Russian oil. I can't imagine that China will continue in lockdown mode forever so they could drive another jump in demand. Biden also can't keep selling from the strategic petroleum reserves.

It seems to me that overall it is probably a good investment now.