Uploaded July 2026 | Updated September 2026, 2 weeks ago
Josh Young joins Darrell to break down the current oil market, arguing that the recent geopolitical volatility is secondary to a larger multi-year bull thesis driven by declining shale productivity, higher production costs, weak discovery rates, and misunderstood inventory dynamics. He explains why strategic reserve drawdowns may be short-term bearish but structurally bullish over time, challenges the “oil glut” narrative, and lays out where he sees the best opportunities across small producers, onshore services, natural gas, and overlooked corners of the energy sector.
Follow Josh:
https://x.com/JoshYoung
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Follow Darrell on X: https://x.com/MoneyLevelsShow
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00:00 - Introduction
00:35 - What’s happening in the oil market?
01:16 - Why Josh sees a multi-year oil bull market
03:44 - Managing volatility in oil equities
07:00 - How geopolitical shocks affect energy investing
12:04 - Strategic petroleum reserves and oil prices
17:17 - Challenging the oil glut narrative
22:36 - Why IEA forecasts may be missing the mark
23:02 - Best opportunities in the energy sector
26:30 - Offshore drillers, field services, and midstream risk
34:49 - Josh’s outlook for natural gas
Copyright © 2026 Cambridge House International Inc. All rights reserved.
Josh Young joins Darrell to break down the current oil market, arguing that the recent geopolitical volatility is secondary to a larger multi-year bull thesis driven by declining shale productivity, higher production costs, weak discovery rates, and misunderstood inventory dynamics. He explains why strategic reserve drawdowns may be short-term bearish but structurally bullish over time, challenges the “oil glut” narrative, and lays out where he sees the best opportunities across small producers, onshore services, natural gas, and overlooked corners of the energy sector.
Follow Josh:
https://x.com/JoshYoung
bisoninsights.info
Follow Darrell on X: https://x.com/MoneyLevelsShow
Follow the VRIC on X: https://x.com/vricmedia
Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: linkly.link/26yH9
Sign up for Jay’s newsletter at 2ly.link/211gx
00:00 - Introduction
00:35 - What’s happening in the oil market?
01:16 - Why Josh sees a multi-year oil bull market
03:44 - Managing volatility in oil equities
07:00 - How geopolitical shocks affect energy investing
12:04 - Strategic petroleum reserves and oil prices
17:17 - Challenging the oil glut narrative
22:36 - Why IEA forecasts may be missing the mark
23:02 - Best opportunities in the energy sector
26:30 - Offshore drillers, field services, and midstream risk
34:49 - Josh’s outlook for natural gas
Copyright © 2026 Cambridge House International Inc. All rights reserved.
