American Consequences - January 2021

“T

By Dr. Steve Sjuggerud

hose deer are going into a rut,” my friend Cactus told me as we drove along the fence line of his ranch on our way in from the airport. “A rut, ooh, is that bad? Are the deer going to need our help?” I asked. Cactus started laughing uncontrollably. “They’re not falling into a hole, Steve – the rut is deer-mating season! I sure hope they don’t need your help! Ha ha ha!”

Pull quote. Pull quote. Pull quote. Pull quote. Pull quote. Pull quote. Pull quote. Pull quote. It has truly caused the worst bust, ever... And that bust is giving us an incredible opportunity. So I shocked my wife, telling her I had to head to West Texas. “Do you rea ly need to get on a plane right now?” she said. For 15 years, nothing has compelled me to take Cactus up on his offer. But in the last year, a crazy confluence of events has shaken the energy market like it’s never been shaken before. inviting me out to visit him in West Texas for probably 15 years. But what the heck is there for me in West Texas? I do love hanging with Cactus and learning. But... West Texas? Why would I go out there, right now?

And so it went, right from the get-go... I was an easy target, the butt of all the Texas jokes for the next few days. Here’s one more... no kidding... “Wool production, Cactus? You guys have sheep here?” I said.

I realize that heading to West Texas of all places – during COVID-19 – sure doesn’t seem like the best move. But here’s the thing... The story of the best

“Ha ha ha. Now that’s

funny!” Cactus said. “OOOL production, Steve. No ‘W.’ Or as you say, ‘OY-EL.’” Cactus Schroeder is a longtime West Texas oil man, and a longtime friend of Porter Stansberry’s. Cactus has been drilling oil for more than 30 years. He knows everyone, and they all call him for advice. He has been

Author info And, well, obody is looking at this West Texas investment right now – everybody has given up. investing opportunity on earth right now – for the next two years – starts in West Texas . The biggest opportunities start where nobody is looking – where everybody has given up.

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American Consequences

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