Cheap Gas Explained - Make Money On the Oil Crash | Minority Mindset - Jaspreet Singh

Get a 10-Day Free Trial of Market Insiders: https://theminoritymindset.com/Market-Insiders . . SUBSCRIBE for the latest videos *NEW VIDEOS EVERY WEDNESDAY* http://www.TheMinorityMindset.com 🚨Read Our FREE eBook🚨 3 Keys To Business Profits - Start or Grow a PROFITABLE BUSINESS In This Digital Revolution: http://theminoritymindset.com/get-3-keys-to-business-ebook/ I'm Jaspreet Singh & I created the Minority Mindset to motivate, teach, and inspire others to do what they want. While going to school and starting my businesses, I realized school is really good at teaching you to be an employee, but it doesn’t teach you to create value & it doesn’t teach you anything about financial literacy. That’s why we’re here. And, no, we are not trying to sell you one of those “bootcamps” or “masterclasses” on how to get rich. A community of hustlers and entrepreneurs; we are on a mission to motivate, teach, and inspire entrepreneurs and hustlers to be the best they can be, because average sucks. Only a minority of people will risk it all to make their dreams a reality - will you? #ThinkMinority Entrepreneurs | Hustlers | Innovators | Investors So with oil prices falling to prices we saw in 2003, how can we make money? I don’t remember exactly, but I think there just a crash in a different market. Hmm or maybe it was an industry that crashed. When something bad happens, people begin to panic which causes them to sell their assets at a distressed, meaning very cheap. We saw this in the stock market and the real estate market recently. And the people who bought when everyone was selling and running away were able to make a lot of money. Many countries depend on oil, and even though we might have alternative fuels coming, we are still a ways away. And to give you some fundimentals, A barrel of oil is trading for around $29 dollars right now, but guess what? it costs about $36/barrel to produce oil in USA, $49 in Brazil, and $52.50 in the UK. So if these oil companies cannot make money by drilling oil they will have to stop. When they stop drilling oil, the supply will go down until we don’t have enough oil, and we will have to start drilling again, which is where prices will likely have to go up. But I’m not a financial advisor so I can’t tell you what to do or how to invest, but it’s something to keep an eye on. For more business and entrepreneurship motivation: http://www.Facebook.com/MinorityMindset http://www.Instagram.com/MinorityMindset http://www.Twitter.com/MinorityMinds Business Consulting and Coaching: http://www.TheMinorityMindset.com blog.TheMinorityMindset.com This Video: https://youtu.be/tQkbQMtbp98 https://www.youtube.com/channel/UCT3EznhW_CNFcfOlyDNTLLw Based in Detroit. #Punjab Jaspreet Singh DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you. DISCLAIMER CONT'D: I'm just a random guy on YouTube - do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.