Crises always lead to opportunity.  It always has.

Look at what’s happening with Russia.

At the moment, the war shows no signs of cooling off.  There’s talk of World War 3, if the U.S. were to impose a no-fly zone over Ukraine. There’s even fear of nuclear war.

Its why crude oil prices are back above $101 a gallon, which we’ll feel at the pump.

With prices gushing, we can potentially make money from dividend-paying oil stocks.  We can even make good money with green energy stocks, as the world goes green.

Another way is to focus on U.S. shale production.

In fact, according to Bloomberg, surging oil prices are “driving renewed interest in fuel trapped in underground rocks known as shale. Fracking shale has made the U.S. the world’s biggest producer of oil and gas, giving America the energy independence, its leaders have sought for decades and upending the geopolitics of the world energy trade.”

Plus, with oil prices back above $100, shale production – and stocks are attractive.

Exxon Mobil and Chevron for example plan to increase their Permian basin production by 25% and 10%, respectively, added Bloomberg.  Even Pioneer Natural Resources, Devon Energy, Northern Oil and Gas, Continental Resources, and Marathon are attractive these days.

Russia’s invasion of Ukraine—and its impact on oil—is further proof of the need for energy independence.  

Markets

The Dow is up down another 264 points to 33,576

The S&P 500 is down about 34 points to 4,332.75

The NASDAQ is down 116 points to 14,110.75

Gold prices are up $11.54 to $1,920.24

Bitcoin is up 15% to $44,266.70

Oil prices are up $5.67 to $101.39

The VIX is up 4.41 points to 32