Could oil prices return to record highs? Are we entering a new energy supercycle? And how should investors interpret the conflicting signals coming from Iran, the United States and the global oil market?
In Episode 261 of The Jay Young Show, Jay Young and co-host Jordan Soto welcome veteran energy analyst Josef Schachter, founder and editor of the Schachter Energy Report, for a wide-ranging discussion about oil prices, natural gas, geopolitical risk and the long-term investment outlook for conventional energy.
Josef explains why North America remains well supplied while global oil and refined-product markets face increasing pressure. He also breaks down the potential impact of continued conflict involving Iran, the Strait of Hormuz, China, Russia and the Middle East.
The conversation covers:
- Josef’s potential oil-price scenarios, including a broad $70–$100 trading range
- What could push crude oil toward $120, $150 or potentially higher
- Why diesel, jet fuel and global refining capacity may be more important than crude supply alone
- The continuing power of China as a major energy buyer
- How global oil inventories compare with the conditions that drove crude to $147 in 2008
- Why oil and natural gas demand may continue growing into the 2030s
- LNG exports, data centers and rising electricity demand
- Tier-one, tier-two and tier-three drilling inventory
- Opportunities in energy producers, service companies and international basins
- Why Canada and the United States remain critical sources of secure energy
- How investors can evaluate energy companies based on reserves, production growth, balance sheets and drilling success
Josef also shares his perspective on the internal struggle between Iran’s moderates, the IRGC and the country’s religious leadership—and why that conflict could continue creating major volatility across global energy markets.
This episode’s Word of the Week is “Standout,” and Jay shares Romans 12:2 as the Bible Verse of the Week, encouraging listeners to think independently, renew their minds and look for ways to improve every day.
Watch the full episode for Josef Schachter’s outlook on the energy supercycle, oil and natural gas prices, global supply and the indicators investors should be watching next.
Interested in Josef Schachter’s independent energy research? Subscribe to the Schachter Energy Report and use promo code POD100 to receive a discount on your subscription.
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What is The Jay Young Show?
Join Jay R. Young, who is part of four generations in the oil and gas industry, as he explores leadership and entrepreneurship, including in the oil and gas industry on The Jay Young Show. With deep family roots and industry experience, Jay delivers valuable insights on minimizing risk and maximizing returns. Each episode features engaging discussions on leadership principles, innovative investment strategies, and the latest industry trends. As the Founder and CEO of King Operating Corporation and author of the Forbes Book, "The Upside Of Oil And Gas Investing" Jay provides a unique blend of wisdom and cutting-edge thinking. Whether you’re an investor, industry professional, or curious about petroleum, tune in to gain actionable insights and thrive in the energy sector.