SOLR - Why The World's Energy Shock Will Continue

April, 16 2022 06:42 AM SmartETFs Sustainable Energy II ETF

In the following article reprinted from May 2020, Jim Puplava explained the difficulty OPEC nations face in producing more oil and why investors should position for a coming energy shock and much higher inflation.
It is widely believed the Saudis could produce 12.5 million barrels a day leaving it with a spare capacity of 2.5 mbd. The truth of the matter is they have never produced at that rate.
When it comes to oil, there are really only 5 key players: Saudi Arabia, Russia, US, Iran, and Iraq. Of the five, only Iran and Iraq have the greatest potential to increase production and for new discoveries.

For further details see:

Company Name:	SmartETFs Sustainable Energy II ETF
Stock Symbol:	SOLR
Market:	NASDAQ