Uploaded August 2026 | Updated September 2026, 2 weeks ago
Could oil prices return to record highs? Are we entering a new energy supercycle? And how should investors interpret the conflicting signals coming from Iran, the United States and the global oil market?
In Episode 261 of The Jay Young Show, Jay Young and co-host Jordan Soto welcome veteran energy analyst Josef Schachter, founder and editor of the Schachter Energy Report, for a wide-ranging discussion about oil prices, natural gas, geopolitical risk and the long-term investment outlook for conventional energy.
Josef explains why North America remains well supplied while global oil and refined-product markets face increasing pressure. He also breaks down the potential impact of continued conflict involving Iran, the Strait of Hormuz, China, Russia and the Middle East.
The conversation covers:
Josef’s potential oil-price scenarios, including a broad $70–$100 trading range
What could push crude oil toward $120, $150 or potentially higher
Why diesel, jet fuel and global refining capacity may be more important than crude supply alone
The continuing power of China as a major energy buyer
How global oil inventories compare with the conditions that drove crude to $147 in 2008
Why oil and natural gas demand may continue growing into the 2030s
LNG exports, data centers and rising electricity demand
Tier-one, tier-two and tier-three drilling inventory
Opportunities in energy producers, service companies and international basins
Why Canada and the United States remain critical sources of secure energy
How investors can evaluate energy companies based on reserves, production growth, balance sheets and drilling success
Josef also shares his perspective on the internal struggle between Iran’s moderates, the IRGC and the country’s religious leadership—and why that conflict could continue creating major volatility across global energy markets.
This episode’s Word of the Week is “Standout,” and Jay shares Romans 12:2 as the Bible Verse of the Week, encouraging listeners to think independently, renew their minds and look for ways to improve every day.
Watch the full episode for Josef Schachter’s outlook on the energy supercycle, oil and natural gas prices, global supply and the indicators investors should be watching next.
Interested in Josef Schachter’s independent energy research? Subscribe to the Schachter Energy Report and use promo code POD100 to receive a discount on your subscription.
Subscribe to The Jay Young Show for conversations about oil and gas, energy investing, business, leadership and the issues shaping the global economy.
Watch on YouTube and Rumble.
DISCLAIMER: All content and all statements made herein, including by any speaker or participant, except those expressly made as a statement of fact, including plans, intentions, beliefs, and projections, are forward-looking statements, involve risks and uncertainties, and should be evaluated as such. All statements related to any past or current offering of King Operating Corporation or its subsidiaries or affiliates are expressly qualified and made subject to the applicable offering document(s) and all information, disclosures, and disclaimers contained therein. No content is intended, nor should it be construed, as providing tax, investment, or legal advice.
More information:
KingOperating.com
Could oil prices return to record highs? Are we entering a new energy supercycle? And how should investors interpret the conflicting signals coming from Iran, the United States and the global oil market?
In Episode 261 of The Jay Young Show, Jay Young and co-host Jordan Soto welcome veteran energy analyst Josef Schachter, founder and editor of the Schachter Energy Report, for a wide-ranging discussion about oil prices, natural gas, geopolitical risk and the long-term investment outlook for conventional energy.
Josef explains why North America remains well supplied while global oil and refined-product markets face increasing pressure. He also breaks down the potential impact of continued conflict involving Iran, the Strait of Hormuz, China, Russia and the Middle East.
The conversation covers:
Josef’s potential oil-price scenarios, including a broad $70–$100 trading range
What could push crude oil toward $120, $150 or potentially higher
Why diesel, jet fuel and global refining capacity may be more important than crude supply alone
The continuing power of China as a major energy buyer
How global oil inventories compare with the conditions that drove crude to $147 in 2008
Why oil and natural gas demand may continue growing into the 2030s
LNG exports, data centers and rising electricity demand
Tier-one, tier-two and tier-three drilling inventory
Opportunities in energy producers, service companies and international basins
Why Canada and the United States remain critical sources of secure energy
How investors can evaluate energy companies based on reserves, production growth, balance sheets and drilling success
Josef also shares his perspective on the internal struggle between Iran’s moderates, the IRGC and the country’s religious leadership—and why that conflict could continue creating major volatility across global energy markets.
This episode’s Word of the Week is “Standout,” and Jay shares Romans 12:2 as the Bible Verse of the Week, encouraging listeners to think independently, renew their minds and look for ways to improve every day.
Watch the full episode for Josef Schachter’s outlook on the energy supercycle, oil and natural gas prices, global supply and the indicators investors should be watching next.
Interested in Josef Schachter’s independent energy research? Subscribe to the Schachter Energy Report and use promo code POD100 to receive a discount on your subscription.
Subscribe to The Jay Young Show for conversations about oil and gas, energy investing, business, leadership and the issues shaping the global economy.
Watch on YouTube and Rumble.
DISCLAIMER: All content and all statements made herein, including by any speaker or participant, except those expressly made as a statement of fact, including plans, intentions, beliefs, and projections, are forward-looking statements, involve risks and uncertainties, and should be evaluated as such. All statements related to any past or current offering of King Operating Corporation or its subsidiaries or affiliates are expressly qualified and made subject to the applicable offering document(s) and all information, disclosures, and disclaimers contained therein. No content is intended, nor should it be construed, as providing tax, investment, or legal advice.
More information:
KingOperating.com
