Rick Rule: Oil Is Going Higher In Coming Years, Making Oil Stocks CHEAP Right Now
Premiered 7 hours ago Thoughtful Money (with Adam Taggart)
BUY THE REPLAY OF RICK'S RECENT CONFERENCE at https://www.thoughtfulmoney.com/rules...
Oil stocks are CHEAP right now.
So says natural resource investor Rick Rule, because he sees the price of oil marching higher as we approach 2030.
Forget the Iran war's impact on oil prices. It's the lack of exploration the world did not invest in over the past several decades that is going to create real shortages -- and much higher prices -- in coming years.
To learn which oil companies Rick likes most, watch this video.
#oilprice #iranwar #commodities
0:00 – Rick’s key takeaways from the Natural Resource Investment Symposium
2:43 – Popular media narratives vs. real-world market realities
4:37 – Selective exhibitors & why quality control matters
5:09 – Why this was the first year the conference fully met its goals
6:10 – Attendees self-organizing into “posses” to grill management
8:11 – Copper as a dominant theme at the conference
8:26 – Rising focus on antimony, titanium, tungsten & other critical minerals
9:27 – Three decades of underinvestment + rising geopolitical risk
10:03 – Big markets (oil/copper) vs. higher-risk smaller commodities
11:29 – Political risk exists in every jurisdiction (including California)
13:45 – Mixed feelings on government subsidies (“dumb money”)
15:11 – Mountain Pass rare-earths as a taxpayer vs. investor example
17:37 – U.S. policy pivot toward a nuclear renaissance
20:26 – Where the line is between enabling industry and state control
20:40 – U.S. vs. Chinese nuclear reactor costs ($29B vs. $6B)
21:41 – How tax-code reform could eliminate competitive disadvantages
28:11 – Impact of renewed U.S.–Iran conflict on oil prices
30:26 – Artificial (war-related) vs. structural oil shortage (2029–2030)
33:07 – Why energy stocks still look attractive on a 2029–2030 view
39:11 – Preferred names: Exxon for most investors; Chevron & Occidental for more risk
41:48 – Canadian oil & gas opportunities (and political risks)
44:24 – Venezuela opportunity for U.S. producers and service companies
52:25 – Uranium outlook: easy money made, certain money still ahead
_____________________________________________
Thoughtful Money LLC is a Registered Investment Advisor Promoter.
We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.
We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance.
All the details on Thoughtful Money's relationship with the financial advisors it endorses, many of whom regularly appear on this program, can be found in the following documents. We highly recommend you review these documents as they cover the terms that will apply should you choose to work with one of these firms at any time after watching this video.
Thoughtful Money Disclosure Document: https://thoughtfulmoney.com/disclosure
Thoughtful Money Agreement: https://thoughtfulmoney.com/agreement
IMPORTANT NOTE: There are risks associated with investing in securities.
Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.
A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.
Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.
Copyright © 2026 Thoughtful Money LLC. All rights reserved.
How this was made
Auto-dubbed
Audio tracks for some languages were automatically generated. Learn more
Chapters
View all
Explore the podcast
Thoughtful Money (with Adam Taggart)
658 episodes
Thoughtful Money (with Adam Taggart)
Adam Taggart | Thoughtful Money®
Podcasts
Transcript
Follow along using the transcript.
Show transcript
Adam Taggart | Thoughtful Money®
184K subscribers
Videos
About