UMP Episode 25: The Structural Oil Bull Market Remains Intact Despite Economic Turbulence with Shubham Garg

In this episode, we are joined by Shubham Garg, CEO and Founder of White Tundra Resources & White Tundra Investments. Shubham breaks down his bullish thesis for oil and why he believes the oil bull market is still in its early innings. Shubham explains how the under-investment in oil is setting the stage for a multi-year bull run even with the risk of economic recession. We cover global supply and demand, misconceptions about OPEC+, why the SPR is more likely to be drained rather than refilled, and why investors need to do their homework prior to investing in this space to ensure they don’t get shaken out by the volatility along the way.We cover a lot of ground in this conversation, so sit back with a cup of coffee and enjoy!0:00 – Intro1:05 – Petroleum Demand Increasing Globally & China7:38 – Where We Are in The Economic Cycle11:18 – Will The SPR Be Refilled?15:34 – Misconceptions About OPEC+22:02 – Oil Market Oversupply25:30 – Where is Oil Demand Coming From?30:10 – How Nations Develop & Meet Their Energy Needs35:00 – Has The Easy Money Been Made in Equities?42:27 – How Shubham Deals with Oil Volatility45:35 – Wisdom For New O&G Investors48:30 – Where to Learn More About ShubhamFOLLOW SHUBHAM GARG: - Twitter (X): https://twitter.com/WhiteTundraSG- Website: https://www.whitetundra.ca/- YouTube: https://www.youtube.com/@WhiteTundraSGFOLLOW THE SHOW: - Understanding Macro Twitter (X): https://twitter.com/UMacroPodcast- Website: https://www.understandingmacro.com/ - YouTube: https://www.youtube.com/@UnderstandingMacroABOUT THE SHOW: Welcome to the Understanding Macro Podcast, where we explore the intersection of technology, macroeconomics and financial markets. Each week we aim to bring you thought-provoking conversations with our expert guests or introduce you to new concepts to help make you a better-informed investor. Whether you’re just a finance nerd like myself, a seasoned investor, or simply interested in how the macro economy affects your daily life, Understanding Macro has something for you. **Nothing in this show is intended to be investment or financial advice. This content is for entertainment purposes only. Please consult a financial advisor before making any investment decisions**. #investing #stocks #economy