Longtime Raymond James energy analyst Pavel Molchanov talks to ThinkAdvisor about his top oil stock picks and whether President Trump can save the coal industry

Is there another major country in which oil demand is growing faster than China?

India is the only one. We’re also seeing strong oil demand grow in Africa, but that’s a smaller base. What’s driving demand in all three of these countries is the middle class buying more cars, people moving into cities from the countryside, more airline traffic [and so on].

Slightly over a year ago, the price of oil plummeted to a cyclical low of $27 per barrel. Here’s good news: Oil is in recovery — not a steady recovery, mind you, but one that will hit a price peak of about $70 by year’s end, says Pavel Molchanov, energy equity analyst at Raymond James & Associates, in an interview with ThinkAdvisor that includes his top oil stock picks.

“Bullish is exactly the right word,” Molchanov says.

Yes, oil inventories are down because of companies’ production cutbacks. But what Molchanov is watching carefully, too, is another key indicator: oil companies’ capital spending, which, over the past three years, saw an enormous 60% in investment reductions.

Molchanov, RJ’s energy analyst for 14 years, is indeed bullish on oil in light of the recovery. But he is hardly upbeat in his outlook for natural gas this year. That energy source is still suffering from oversupply and reduced demand.

During Barack Obama’s presidency, America became the world’s fastest growing producer of oil and gas, as well as a substantial generator of wind and solar power. Coal was a loser, largely because natural gas replaced it. A decade ago, coal had 50% of the electricity market; now it takes only about a third of market share, according to Molchanov. (by Think Advisor)

Bermacam opsi Link Slot Gacor Mudah Menang lengkap ada di Daftar Situs Slot Gacor 2022 Link Slot Gacor Mudah Menang Bocoran Slot Gacor Malam Hari Ini Kumpulan Situs Slot Gacor Terpercaya Tentu Menang Jackpot Terbanyak ada dengan gampang cuma dengan bermain di agen Situs slot gacor terpercaya bet kecil para pemain slot online gacor terbaik serta terpercaya dapat dengan gampang turut bertaruh dalam permainan slot online gacor mudah menang jackpot terbanyak. Banyak pula yang sediakan bocoran Slot Gampang Maxwin malam hari ini di Indonesia tetapi pasti saja nama nama slot sangat gacor terbaik hendak senantiasa jadi opsi para bettor slot gacor betting kecil.

Kami jadi bandar Situs slot gacor hari ini dengan game terlengkap slot gacor deposit via pulsa paling murah yang diberikan oleh Situs slot gacor pragmatic play. Agen slot gacor 2022 menang terus sajikan bermacam- macam game link slot gacor mudah menang semacam bola online sbobet, live casino online, Situs judi slot online 2022, poker online, arcade online, link catatan slot gacor, dengan RTP game besar.

Daftar Bocoran Slot Sangat Gacor Hari Ini 2022

Daftar Situs Judi Slot Gacor Mudah Menang serta Terbaik di Indonesia bersama Slot88 slot online yang hendak senantiasa berikan fasilitas serta layanan terutama buat sebagian pemain slot gacor terpercaya 2022 di Indonesia. Terdapat banyak kumpulan bocoran slot gacor hari ini yang bisa kamu permainkan di https://nutsnfoods.com/ Situs judi slot terbaik serta terpercaya nomor 1 antara yang lain yakni:

  • ♠ Pragmatic Play Slot Online
  • ♠ Joker Gaming Slot
  • ♠ Spadegaming Slot
  • ♠ Microgaming Slot
  • ♠ Playtech Slot
  • ♠ Habanero Slot
  • ♠ PG Soft Slot
  • ♠ Playn Go Slot
  • ♠ CQ9 Slot

Di Slot88 Situs judi slot gacor 2022 terpercaya kilat pula menang datangkan judi layanan judi slot online deposit via pulsa Telkomsel serta layanan deposit via e- money Dana, Sakuku, Ovo, LinkAja, Gopay. Bukan cuma itu, kami disokong layanan judi slot deposit bank lokal Bca, Bri, Bni, Berdikari serta Danamon.

Banyak pula opsi provider slot online gacor terkini yang sering kasih jackpot yang bisa kamu permainkan bersama- sama serta bonus jackpot slot online https://www.allyumavalon.com/ bisa kamu peroleh secara gampang. Buat kamu sebagian pencinta slot jackpot besar bisa lekas ke mari buat memenangi tidak sedikit duit dengan deposit sebesar beberapa 10 ribu rupiah saja.

Daftar 10 Situs Judi Slot Gacor Terbaik serta Terpercaya 2021 yang sediakan bermacam sarana lengkap buat penuhi kemauan para member Situs Judi Slot Online Kerap Kasih Menang yang senantiasa membagikan hadiah bonus jackpot slot online terbanyak yang di bagikan oleh Situs Slot Online Jackpot Terbanyak. Kami sediakan bermacam game yang gampang buat menang semacam bola online sbobet, live casino online, Situs judi slot online 2021, poker online, arcade online yang hendak dapat kamu mainkan sepanjang 24 jam non stop.