Crude Words Podcast Co-Host and Natural Resources Expert Brett Kroh offers advice to those who are currently investing or looking to invest in oil and gas over the next two financial quarters
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Quarter Four of 2020 Is A Surprisingly Good Time To Take Advantage of Oil and Gas Investments, Says Texas Oil and Gas Pundit
Oct 18, 2020, 12:00PM CST
FORT WORTH, Tx., Oct. 18, 2020 -- Crude Words Podcast Co-Host and Natural Resources Expert Brett Kroh offers advice to those who are currently investing or looking to invest in oil and gas over the next two financial quarters
“ ‘Buy low and sell high’ is almost a cliche but it’s the golden rule of investing. When oil is trending upwards like now at $40 per barrel, but still not quite to $60 per barrel, the iron is hot per se. Costs for drilling and operating typically see dramatic increases when the price reaches a more optimistic level. Shifting your commodity investing to oil before the price rises another $20 could save hundreds of thousands in operating costs to get oil wells into production before operating costs go up across the board.” Says Brett Kroh of Kroh Exploration.
Kroh continues, “The main impact COVID 19 has had on the oil & gas industry has been less use of oil due to less daily commuting and air travel. This decrease in need ultimately made prices depressed. However, it has created abundant opportunity to buy low to set yourself up for the inevitable rise in prices that we will see over Q1 and Q2 of 2021. Oil is seeing a small rise in price right now due to so much production being shut off, there is going to be a huge gap to fill moving forward. Additionally, Trump’s Covid-19 recovery is suspected to bolster confidence in the industry due to his favorable tax and pro-business policies.”
Crude Words is Kroh’s new podcast with Co- Host, JB Yowell, of Kroh Exploration. The duo will be interviewing oil and gas executives, personalities, investors, geologists, and engineers, along with a variety of industry titans, which should make for informational yet entertaining content. “The oil business, by nature, is a speculative industry. Unless familiar, someone could easily get involved in the wrong deal with the wrong people, which is why CrudeWords will be the go-to resource for anyone who wants to participate in oil and gas opportunities. The more informed you are the better your decisions will be.” says JB Yowell.
Brett Kroh is the President and CEO of Kroh Exploration and Co-Host of “Crude Words”. CrudeWords will be broadcast on AM and FM radio stations across the country along with hosting a podcast. Please visit crudewords.com to learn when the first episode airs and which guests will be on the show.
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