"Even if a ceasefire is reached in the coming days, it will take time to restart the energy supply chain." - Host (Establishing the persistent nature of physical market damage) [00:00:02](https://www.youtube.com/watch?v=KkuNz2_L8tk&t=0h0m2s)

"This is not just a disruption in oil; it's gas, it's fertilizers, it's metals, it's petrochemicals. The list goes on and on." - Jeff Currie (Highlighting the…

"We've weaponized the periodic table." - Jeff Currie (Discussing deglobalization and the curtailing of critical mineral supply chains) [00:06:18](https://www.youtube.com/watch?v=uhpECa_XaBA&t=0h6m18s)

"Anything that has a carbon hydrogen into it have really struggled... What do these organic chemistry commodities all have in common? Affordability. They drive inflation." - Jeff Currie (Explaining the…

"The short is out. The market is net long now for the first time in nearly a year and I think they've given up the ghost of the glut." — Jeff Currie (Discussing shifting sentiment in oil markets) 00:00:19

"I wrote this piece comparing the shale revolution to the AI boom. People forget that in 2013 and 2014, energy could do no wrong... and people hated tech." — **Jeff…

"I like to say show me the glut... if you're having to scrape the data to find evidence of this oil supply glut, it's not an oil supply glut." - Jeff Currie (On the inaccuracy of current market surplus theories) 00:00:19 *"We called this the revenge of the old economy and it's a rotation out of the new economy tech... into the old economy which is asset…

Jeff Currie on the Oil Market "Supply Glut" Myth >The central thesis is that the "bearish" consensus is relying on flawed data regarding supply.

While paper markets show a surplus, physical indicators—such as the lack of land-tank filling and high refinery demand—suggest the market is much tighter.

With record-high short interest and rising geopolitical tensions, **the market is primed for an upward…