Josef Schachter Warns: Even Higher Prices At The Pump & 'Tremendous Bargains' in Oil and Gas

Middle East conflict has removed 14-16 million barrels of daily oil production, with reserves and shadow fleets temporarily masking the severe supply shock.

Oil prices are forecasted to reach $80-$90 by year-end, with a risk of spiking to $150-$180 which would trigger significant demand destruction.

Canadian energy companies in natural gas and oil sands sectors present attractive valuations and tremendous long-term investment bargains for strategic investors.