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Canadian Value
Canadian Value
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Energy Guru Steven Kopits – The Current Price Of Oil Isn't Sustainable

July 31, 2015

Who is Steven Kopits of Princeton Energy Advisors?

He is a key consultant to oil trading "God" Andrew Hall who was given that nickname by his fellow oil traders.

Kopits (and Hall) believe that oil prices will rally significantly this year. They believe that the current oversupply is much less than the market generally thinks.

Where the market suggest we have a couple million barrel per day oversupply, Kopits and Hall believe it is only a couple of hundred thousand barrels and that American production is rolling over which will eliminate that.

Here is Kopits discussing why he believes he is right and the market is wrong:

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