 | | Andy Snyder
Founder | Oil is making folks rich... again. Shell just announced a $39.9 billion annual profit for 2022, a figure that's up 100% year over year... and is the largest in the company's 115-year history. BP, too, doubled its profits from a year ago. It made $27.7 billion and is handing much of that newfound cash straight to shareholders. And Exxon... oh boy. Its profits from 2022 are stunning - $56 billion in a single year... the highest ever for an oil major. It's a figure so large that the president infamously declared the company is making "more money than God." Curious as we are, we ran the numbers. [Is Your Portfolio "Shock-Proof"? An ominous press conference is scheduled for early in the afternoon of March 22. Details Here.] The Catholic Church spends some $170 billion annually... meaning its income is likely much higher. God still wins. But the next few years figure to be competitive. The government has really screwed up the energy game. That means the sector should be quite profitable for at least half a decade or more. Take the news from BP, for instance... Once one of Big Oil's largest proponents of a green energy "transition," the company is beginning to rethink the idea. It said it will "dial back" its plans due to a lack of profits. Shell is saying much the same. Despite booming profits, it's not increasing its efforts in renewables. It's instead putting its money into growing its traditional fuel sources. And why wouldn't it? India just announced its demand for oil will soon double while its hunger for natural gas will soar 500%. At the same time, the war-nervous Nellies in the EU just locked even more Russian products out of the market. Starting on Super Bowl Sunday, 27 European countries will block the import of refined oil products from their nearby enemy. It's a move that will send ripples throughout the world's oil market. But wait... there's more. China! It sucks down 16 million barrels of crude per day and is expected to use an extra 800,000 barrels per day in 2023, which would make it responsible for half of the world's demand for new oil this year. Good News Clearly, crude is not going away. In fact, all signs suggest it's about to get even more expensive. The White House isn't going to like it. It'll fight back with new regulations. For once, we say... good! It's just like we pointed out on Monday. When explosive market forces meet the fat hand of the government, big things tend to happen. In the case of the insurance company we pointed our followers to... very big things have happened... as in peak gains of 1,550% in 12 years. We're seeing the same thing play out in the oil sector. The big companies are sitting on record profits. But it's the little guys that we say will soon be sitting on record share prices as the government plays out its hand. We recently put our finger on a doozy of a company that has us cheering for all of this to unfold. The more the Biden administration fights the profits of Big Oil... and the more the industry is squeezed by surging demand and limited supply... the more this company stands to win. It's a twist on tradition that quickly becomes a no-brainer for anybody who studies it. If we want more oil - and if the folks in charge insist on getting it cleaner and cheaper - this is the technology of the future. This new extraction technique is cleaner... and cheaper... and, best of all, it pushes all that green energy nonsense aside. We wouldn't be surprised to see it used all over the world very soon - even in Europe. We just released a full research report on the #1 ticker to own in the space. You can see how to get all the details you need by clicking here. We can't guarantee you'll make more money than God. But there's nothing wrong with second place... especially in this race. Be well, Andy P.S. It is important you grab your shares right now. We expect a big announcement on March 1 that could send shares rocketing higher by as much as 740%. Again, all the details are here. Want more content like this? | | | | | Andy Snyder | Founder Andy Snyder is the founder of Manward Press, the nation's premier source of unfiltered, unorthodox views on money and what it means for a free society. An American author, investor and serial entrepreneur, Andy cut his teeth at an esteemed financial firm with nearly $100 billion in assets under management. He's been a keynote speaker and panelist at events all over the world, from four-star ballrooms to Capitol hearing rooms. | | | | 
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