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Stuart Roberts from Stocks Down Under says he isn’t popular at cocktail parties, being a fan of oil. He sees oil easily heading back above $100 a barrel as “that huge sucking sound” is the world demanding oil just as supply is hampered. He says gas projects of all stripes are looking attractive right now – so much for gas being a brief “transitory” fuel as the world transitions to renewables.
Stuart thinks Beach Energy (ASX:BPT) is in particularly good shape, while BHP offloading oil and gas was bad timing but good for Woodside (ASX:WPT). Stuart brings to our attention a little known gas player that has a big backer in Santos (ASX:STO).
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