Houston American Energy Corp (HUSA)

[chillswills37]

HUSA as only a proxy for oil-price misses the mark, in my view. The world runs on oil. There are 195 countries and 8 billion people as of June 2022; 99+% of them depend on oil one way or the other. Demand is unrelenting in the face of tight suppplies. HUSA doesn't live or die with each tick of the oil price. Overlooked by eyes glued to WTI is HUSA as also an oil, gas & mineral exploration company with international and domestic properties. The Colombian property in an oil rich basin, for example, on which spudding began at the end of May is potentially a game changer.

https://www.wsj.com/articles/oil-supply-growth-expected-to-lag-behind-demand-next-year-11655282445

$HUSA