Feb 17, 2023
Summary:
Energy prices are heading up, but the CPI isn’t. What’s really
happening in the energy sector, and how is it being affected by the
economy at large? Dee Carter appears on the show to provide us with
some insight, and emphasizes that the real concern exists in the
oil/petroleum department. We’re not consuming as much right now
because we had a relatively icy winter—causing people to drive
less—but ultimately prices will go back up as consumption returns
to normal. Although we’ve seen majo advocacy for green energy in
the political space, everything that we’re doing is built around
the petroleum industry, so it’s not disappearing anytime soon. With
five major refineries working at 100% capacity, there is a large
supply of oil that has yet to become available for use. Dee
suggests that we need to be an exporter of products in order to
bring the CPI down once again, and says that it is necessary to
reconsider investment strategies for income going forward. Tune in
for more information.
Useful Links:
Financial Survival Network
Carter Financial