Hello, fellow, rebel capitals, hope you're well. So we got big news out of the oil market.

We've got a few analysts, this according to CNBC, that are coming out and saying next year,

we could see oil sub $40. In other words, below $40. In fact, one analyst is saying that we could go back to the

Cervasus sickness lows.

I don't think he's referring to negative $38 a barrel.

But this is some crazy stuff.

When you actually read their rationale, quite frankly, it makes a lot of sense.

So let's check this out and see what the probabilities are of this actually occurring.

And boy, oh, boy, if this does, you want to talk about a buying opportunity.

I will be backing up the Brinks truck.

For those of you familiar with the channel, you know that when oil gets below about $40 a barrel,

inflation adjusted, usually that's a good sign.

That's when you want to buy those producers or, you know, just go long oil futures, whatever

you can because likely over the midterm, that mean reverts.

But let's get over to this CNBC article and check out what is going on and why they say oil could fall below $40 a barrel.

Here we go.

Oil could plunge to 40 in 2025 if OPEC unwinds voluntary production cuts. Now, as of right now, they're scheduled to.

So they could potentially keep kicking the can down the road. But let's go back to 2020.

Remember what they did? They didn't do as many oil cuts as you would have otherwise expected based on the price.

Why?

Because they were trying to kneecap the frackers in the United States.

That wasn't that long ago.

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