Market. He forecasts an inventory build on oil and then due to Saudi attacks, a risk premium comes in. He thinks we will break $50 in the next month or so. Tax loss selling should be very severe this year. Investors should look to be buyers on tax loss selling this year.
Natural Gas. He thinks natural gas will do well this winter. Cold weather in Alberta has put the price above $2. Tax loss selling could be severe this year.
It is one of those oil producers that was a dividend oil producing company. They are using cash flow to pay down debt. They are out of favour but take advantage of tax loss selling.
Electric cars: We will not use them for long distance. There are about 100 million electric vehicles sold a year. Reserves are shrinking and we are running out of reserves to service the remaining gas vehicles.