OPEC’s $1 Trillion Mistake Means Lots of Oil Bankruptcies – Robert Rapier

(Before It's News)

TND Podcast Spotlight: Wall Street For Main Street

Jason Burack of Wall St for Main St interviewed returning guest, oil and energy expert Robert Rapier http://www.energytrendsinsider.com/. Robert has over 20 years experience working and investing in the oil and energy industries.

Robert’s 2 most recent articles that are definitely worth reading:
1) http://www.forbes.com/sites/rrapier/2…
2) http://www.energytrendsinsider.com/20…

During this 20+ minute interview, Jason asks Robert about the state of the oil industry. Jason asks Robert why the oil price keeps falling, what happens if it goes to $15 or $20/barrel and about the supply/demand fundamentals of the industry.

Robert thinks OPEC drastically miscalculated how quickly US shale oil producers would go bankrupt. Jason talks about how easy money from Wall St banks and the Federal Reserve have allowed US shale oil producers to delay bankruptcy longer than expected.

If you are interested in the oil market or looking for investment ideas, this is a good interview for the contrarian value investor or speculator!

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About Wall Street From Main Street

We provide in depth content from many investing experts all over the globe. Over 250 interviews with many top experts including Jim Rogers, Doug Casey, Dr. Marc Faber and Jim Rickards! Over half a dozen billionaires interviewed! Unique, in depth round table discussions with experts on interesting investing topics about different asset classes and sectors of the economy.  Wall St For Main St, LLC was founded by Jason Burack from JasonBurack.com and Mo Dawoud from Momoney Blog in 2009. John Manfreda from freedolnomics.com joined the company as an owner in 2011.  We are a unique investor education and financial education start-up company out of the DC/Northern Virginia area with a mission to revolutionize the way people learn how to invest.  Visit our website (click here) and our YouTube channel (click here).

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