Josh Young Warns of Currency Debasement as Oil Prices Surge

Bitcoin Magazine

Josh Young, founder and CEO of Bison Interests, warns that global oil inventories are depleting faster than widely understood. He contends that less than 10% of the world's stockpiles may actually be usable, leaving almost no buffer for an additional supply disruption. Young argues that West Texas Intermediate (WTI) crude has a fair value around $105 per barrel. He also suggests a potential Iran peace agreement might not provide sustained market relief, and he identifies a segment of the energy sector he sees as significantly undervalued.

Chapters:

• 00:00 Saudi Aramco Warns Rebuilding Oil Stockpiles Could Take Two Years
• 02:00 Would an Iran Peace Deal Crash Oil? Why WTI's Fair Value Is $105
• 04:03 How Long It Takes to Restore Damaged Middle East Energy Infrastructure
• 05:33 Strait of Hormuz Flows, Misleading Data and Wartime Propaganda
• 08:18 Diesel at $200 a Barrel: Why Refined Products Matter Most
• 10:40 Russia, China and the Real Drivers of the Diesel Squeeze
• 12:38 Why a US Diesel Export Ban Is Very Unlikely
• 14:41 Undervalued Small-Cap Oil Producers and Trump's Midterm Price Promise
• 17:40 The Fed, Rate Hikes and What Milton Friedman Got Right
• 20:37 Kevin Warsh, Government Inertia and Massive Currency Debasement

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