Speaker 1get ready for something a little different today we're going to do a little crossover event with my good friend matt weinshank of top stocks so you're going to get top stocks and you're going to get stansbury investor hour in one we're going to talk about diesel fuel and the crisis building there we're also going to talk a little bit about what i'm calling the new mag 7. the new mag 7 are the next mag 7 out of the ai trade it's completely different than what you think you can find out more about it at backdoorprofits2026.com matt and i will talk about it so let's do this thing man let's talk with matt weinshank let's do it right now
Speaker 2okay dan thanks for uh i would say joining me but this is our show this is the crossover event top stocks and the stansbury investor hour
Speaker 1that's right it's a momentous occasion matt let's bring it all together the financial media
Speaker 2uh has been clamoring um for such an occasion but um it will be it will be fun before we talk
Speaker 1with my good friend and colleague matt weinshank i want you to know about a presentation that's happening wednesday june 24th at 10 a.m eastern time it's by my good friend and and associates mark chaykin and joe austin they're going to talk all about the ai boom and let me tell you something these are the two people you want to hear more than any talk about it because they know how to exploit a boom and they know how to exploit a bust and all kinds of other trends they have tools nobody else has that mark chaykin and joe austin june 24th click the link below or aim your phone at the qr code on the screen to secure your spot and see that amazing presentation all right let's talk with my friend matt weinshank who is also kind of my boss and uh we're gonna we're gonna do a special episode of the stansbury investor hour with him okay so let's do it let's talk with matt weinshank let's do it right now so uh
Speaker 2you know i'm gonna kind of flip the script i'm gonna ask a lot more questions of you than you get to ask on your show because you're the expert on this one um how bad is the diesel situation
Speaker 1the latest report is that the us has 20 days of diesel supply left in reserve and it's usually months you know it's usually not measured in days but i to tell you the truth it's worth talking about how i got into this okay diesel thing and it started in the fall of 2025 when i thought you know um just like the dot-com boom was real right it's it was true the internet really did change everything for everyone okay there was a big boom and a bust but the but the but the boom was rooted in reality yeah okay i think the same thing is happening here with ai so i thought boy wouldn't it be nice if i um kind of adapted to this environment and learned how to learn how to take advantage of this on the way up you're ai pilled yeah i was i got ai pilled matt well said so i went all in with my first ai stock pure speculation not not profitable growing rapidly but not probably tempest ai okay right they're creating something that strikes me as incredibly valuable you know this database where your doctor can go in and basically use ai to tailor uh treatment just for you based on your medical history and your you know genetic information and everything they know about you um rather than generically saying he's you know he's sniffling he's sneezing he's got a cold take some medicine and call me intended you know it'd be much more tailored and they're using it for for things like um i'm joking about having a cold they're using it for cancer and getting very good results with it right and so then they're working on including other serious illnesses so i thought this is very valuable long story short i got stopped out in a heartbeat on tempest ai we always
Speaker 2use uh trailing stops or cell stops to protect our downside and and we stick to them so the stock dropped yeah past your threshold pretty quick yeah it
Speaker 1was in and out and uh so i kept looking and i and it comes down to something that we of course all already know which is that the part of the the biggest one of the biggest parts of the ai bottleneck is energy right the amount the sheer amount of electricity um and so i i looked into it further and rough rough numbers here matt 5400 or a little more now than 5400 data centers in the united states okay 95 of them have diesel backup generators right so you know these are it could be like a like a two megawatt diesel backup generator and then they have like 30 of them 20 of them or something on site and you need an up diesel on site you know to power them and even in california like it's like 90 diesel backups in california and we know how much california hates fossil fuels right yeah so um i thought okay well this is interesting and you know digging further into it let's just say the power goes out in loudoun county virginia this is data center alley the world's highest concentration of data centers in any one location like 300 of them uh and maybe a year from now 400 of them okay they're because they're still building more okay a third of the world's internet goes through here i mean it's just incredibly important well if the power goes out and they run down their like 12 to 24 hour on-site supply of diesel right because you got to have some you know you're looking at maybe the potential for like a three percent national spike in demand and with like trucks arriving at data centers every you know seven or eight minutes having to replenish the diesel i mean you can easily see how that could be a bit of a problem that three
Speaker 2percent that's just if this happened loud in county that's oh
Speaker 1yeah yeah right that's a three percent national spike in demand just from if the power goes out for too long yeah in in one place and there are other you know centers around the united states where there are plenty of data centers you know it doesn't have to be the biggest one but i thought wow that's interesting so so tail risk at least yeah insurance owning owning refiners at that point is tail risk insurance now you and i both know that commodity plays are tough right they're not for the faint of heart and and mostly um we do have some services that pay close attention to commodities but mostly like you're insane if you go near them is the general view at stansberry right um and among a lot of who are fundamental bottom-up investors so you got to have a little bit of a supply issue as well at this at the same time to make it appealing and it just so happens that um in 2025 and early 2026 we lost more than half a billion barrels a day of refining capacity uh lyondell the cell the big chemical company they shut down the oldest refinery in the united states that was 268 000 barrels a day um might not have these numbers perfectly correct i want to say um there was one that phillips said it was the biggest refinery in the united states um might not have these numbers perfectly correct i want to say um there was one that phillips said it was the biggest refinery in the united states that was 268 000 barrels a day might not have these numbers perfectly correct i want to say um there was one that phillips said 66 shut down wilmington around the la area i want to say 139 000 barrels a day and then 170 000 ish barrels a day in benicia california shut down by valero all within the past year so at the same time that we're getting this massive new surge of demand we're seeing you know the the supply cut by by 500 000 barrels and diesel is interesting matt diesel can go bad like milk you know and if you let it sit in the machine too long it'll foul up the generator so there's a baseline that has to be maintained where you've got to run them the diesel generators for so many hours per month um and in order to not foul up the machinery right so there's this new baseline of of demand from these data centers i thought well that's interesting too and you know if it sits if the on-site supply sits for too long it has to be replaced every six or twelve months you know depending um you know on heat weather things whatever it's because it can just sit in the tanks and go bad well well this is an interesting commodity i don't think you know for an energy commodity nobody thinks about fuel going bad yeah you know so i i i thought well you know and knowing nothing about anything that was going to happen in iran right i just thought this could be a you know this could be a 50 or 100 return over the next two three years or something well we're five months in and we're up sixty percent and we were actually up fifty percent just a couple months in as soon as the war started because of course you know refined products a lot of refined products come through the strait of hormuz so i thought wow and so adding to the ai demand is this new situation in energy yeah because i think people are really missing the fact that even if the war stops tomorrow they're not going to be able to get back into the strait of hormuz that's another six months and during those six months i saw when i one estimate it's a very ballparky figure but let's just use it ten thousand oil wells shut down in the middle east and when you shut oil wells down real quick it's not you're not turning the kitchen faucet off and back on they're a mess right the chemi the chemistry keeps going and the geology keeps moving when you turn them man-made machines off. And so I can describe that in detail if you wish, but the bottom line is things happen under the ground that result in the need for at least in some cases, maybe 10,000 to $20,000 per well of fixes, maybe a million dollar kind of rig work over in some cases. And I would suspect amounting to 1% to 2% of the global production capacity, it's offline permanently. Permanently. Yes. And we're not, if you look at the oil future strip, which is a conversation we have internally at the company here that's going on by the day, it's not pricing any of that in. And I think that's a mistake. Yeah.
Speaker 2So this diesel, I want to go back to that 20 days of inventory because it's pretty crazy. So you have increased demand. And you have just this long running, decades long removal of refining capacity. Like no one wants a refiner in their backyard. You can't get one permitted. They get older. They actually, I mean, California really drives them out of town, so to speak. And so we just get less and less and less.
Speaker 1Valero practically said that when they closed Benicia. You never see this sort of stuff in that and now they say, well, the facility has not been profitable, blah, blah, blah. And they just keep it very generic. But they said, we can't. Yeah. We can't do business in California. They were very explicit.
Speaker 2So, yeah. And so that's getting tighter. And then when the ships can't go through the Strait, everything, you know, any inventory you look at, oil prices have not gone up as much as you might have expected if someone told you this was going to happen before. Right. Because we've been drawn down these inventories.
Speaker 1There are strategic petroleum reserves all around the world. We're not the only person, and they're all drawing them down. Yeah. And it's still 90 to 100%. It's a hundred bucks a barrel, and we're all drawing down into the market.
Speaker 2I know. And so one of those things that is drawing down is diesel. And we're on the cusp of heading towards, we're pretty close to 20 days of our regular use of diesel, which is frighteningly low. Like there's very little breathing room there at that point.
Speaker 1When I wrote this thing up in December, the EIA, the Energy Information Administration, those are the good numbers. The American Petroleum Institute numbers, eh, not as good numbers, but they're good numbers. Those are the good numbers. Not so good because they just, it's a voluntary survey of their members. The EIA is, everybody's required to report. Yeah. So that's the good number. And even they were reporting, they said diesel inventories, distillate inventories, which includes diesel, could go to like the lowest level since 1963 this year.
Speaker 2Yeah. 1963. Okay. All right. And it's already gone from like 350 to 570 or something on Iran, the price of diesel. Right. And we're still running through it as fast as we can.
Speaker 1Yeah. National average as we speak, I think, is in 540, 550 per gallon region, six where I live on the best coast. And, you know, just north of where that Benicia refinery shut down is where I live. A little side tidbit for you, Matt. I just found out that I live in a place that is three hours drive from a pipeline terminus. Okay. And it goes over a mountain pass that gets snowed in. So. Basically, I'm dependent on trucks to deliver all the refined products that we consume. I'm like, wow, that feels
Speaker 2a little, I'm at the end of the supply chain here. So this, I was going to, my next question was, does anyone seem to care when you tell them about this? But there was a time, I want to say it was 2022 when the colonial pipeline had a cyber attack or something. And so, but that brought gasoline up to the Northeast. And anyway, I was going to. Drive somewhere, visit people. And I was stopping at gas stations and they all had this little sign taped up out of gas, out of gas. And I'm going to another one and it's out of gas. And I'm looking up, um, I'm on gas buddy, like, and it's trying to tell you who has gas and who doesn't, but every gas station I drove to, I'm like, well, now I'm doing this math of I'm driving further to find gas. And my tank is going down and down and it wasn't an emergency. It wasn't life-threatening, but it's like the first time. I've been in a situation where you're like, I can't get this thing. That I need. And like people in other countries kind of deal with that, you know, more often than we're very lucky, but gosh, when it actually happens, there's it's panicking. Like it's doesn't feel good to be like, where am I going to get my gasoline or my baby formula or my diapers? Those things we saw in COVID that's, that's scary.
Speaker 1Our country, our economy runs on diesel fuel. If there's not enough diesel and things can't be delivered and transported. I mean, the pipelines have diesel generators. Hooked up to them to run, you know, to run the compression and stuff. So, you know, like you can't transport anything really without diesel in this country. Um, you know, and all the, all the waterborne stuff is, is diesel powered and, you know, 98% of the big class eight trucks are all diesel. I mean, it's just, um, it, we really, it is not an exaggeration at all to say that our economy runs on diesel and we're getting pretty low in supply here. And nobody, that thing in 2022. That you mentioned, we're still working on that's still the peak in price for national average. We're, we're, we still haven't hit that for, um, gasoline or diesel, but we're getting close.
Speaker 2Yeah. And people don't seem to worry about this stuff. Like everything just shows up as it's supposed to, um, every, you know, I don't know, like, like you said, so natural gas, they use diesel to run the natural gas pipeline. So the natural gas is coming to your house. Your house is heated. If there's no diesel, you can't get natural gas in your house to eat it. Like it's so interconnected. Yeah. It's so interconnected, um, and we're down to 20 days and I don't really see anyone worried about this.
Speaker 1No. And, um, the idea that we're going to build a new refinery is probably, uh, I don't think that's going to happen. Like they, with much fanfare, they announced the America first refinery and they didn't tell you that the company America's first refinery piddly little company at best, like this is their sixth corporate name. And they've been trying to build a pipeline to get. Crude oil to that spot where they want to build a refinery, Porter Brownsville, they've been since like 2016, they haven't been able to build a pipeline. They haven't been able to build the storage. You and I are not petroleum specialists, but if you don't have a supply of crude oil to the oil refinery, you cannot operate the refinery of that. We are certain. And so we haven't built, we've actually built. Uh, 14 rather small facilities. And I'm talking like south of 50,000 barrels a day. When the last big one was like 600,000 barrels in, in Louisiana, um, with, with the marathon facility there. So like that was 1977. So when people say the last refinery in 50 years, they're talking what we call full conversion, right? Full conversion, meaning you're not processing, um, you're not winding up with things like asphalt and gas oil. It's all high, you know, high value. Refined, you know, diesel, uh, gasoline, jet fuel, all the highest value stuff. We haven't done that in a long time. They tried to do it. Uh, a small one, a 50,000 barrel a day went up in, um, Belfield, North Dakota. And they've been trying to do that since about 2016 or so. Yeah. And oddly enough, they never quite, they've raised almost $40 million for that billion dollar project. That's the other thing America's first is going to cost. Between five and 10 billion, if they really build it out to size, it's not, and nobody, you don't see like, you know, it's America's first and, and they have, you know, reliance, this Indian company, which is fine. It's a real company. They've committed some money to it. Um, but you don't see Exxon Mobil or Chevron or even Motiva, the Saudi company that operates, like they operate Port Arthur, biggest refinery in the country. Like you don't see any of these guys saying, yeah, man, give me a piece of that. America's first refinery. They're like, no, uh, no. And then, and you know, the CEO of Exxon Mobil is sitting in the white house going, um, we had our assets stolen in Venezuela twice. It's uninvestable. Like, you know, there's no big new supply of, of crude or, you know, refined products or anything. It's, it's hard to make this stuff. The fed can't print it. You know what I'm saying?
Speaker 2Yeah. I mean, the upfront costs are huge. And so, and you're competing with existing facilities that are. They're old and there's not enough of them, but diesel is still not expensive enough, so to speak, for you to go, yeah, we'll put it, we'll build a new $5 billion facility and deal with the headaches and the incredible, like regulatory overhead to get that done. And the risk that it might not even get built. No, no capitalists will make that decision.
Speaker 1Yeah. But you know, I'm telling you, Matt, it can be 10 bucks a gallon and you're not going to get it built. Yeah. And the problem you can get, you know what they did in Belfield? They got it permitted. They broke a little bit of ground, but now there's barley growing on that site because they didn't want the, you know, to cause a dust storm or whatever, have erosion. That's what you get. You get, oh yeah, we'll give you $40 million to get permits and, you know, maybe build a road in or something, you know, something that looks like you're almost going to do this. But when it comes down to it, as you say, nobody within a hundred miles is going to say, yeah, let's do it. And up there it was like, yeah, let's put. A new refinery next to Teddy Roosevelt National Park. Let's do that. That's a good idea. I mean, I don't blame him. I don't blame him.
Speaker 2don't
Speaker 1want one near me either
Speaker 2yeah nobody does oh okay so how i mean this diesel does everything let's talk let's talk more about that i mean it delivers all the goods to all the stores to your house uh
Speaker 1trains trains um you know trucks um like we said pipelines um most of the all the waterborne trade you know around the country and we have some waterborne trade up and down the mississippi boy i took a cruise up and down the mississippi and i want to tell you what it was a pleasure cruise on a nice little ship and everything that was well outfitted but you feel like you are driving it's like that feeling if you've ever driven through elizabeth new jersey and there's like you know it's like a mad max movie set you know there's stuff shooting out of the flame shooting out of the top of the refinery columns and whatever's there and and it's like that on the water and it's just like you and your lovely luxurious pleasure ship riding back and forth and you know tugboats and all kinds of like you know diesel powered monstrosities pulling all kinds of commodities you know these barges laid with commodities it was hilarious oh my god wonderful trip i had a great time but it feels like you're driving through new jersey yeah
Speaker 2it's amazing uh and diesel isn't jet fuel but it's essentially the same situation i think for just let's yeah yeah and then uh military vehicles yeah oh the
Speaker 1military yeah they're they're a huge huge diesel consumer um and the funny thing is like all of these things that we're talking about um and and there's diesel machinery in um you know like agriculture is a huge one yeah and there's diesel machinery in the industrial world in factories and things right but all of these things that we're talking about including the like they'll they'll back off yeah you know there there will be some some demand destruction there but like the data centers they're 24 7 they've written their contracts are all written with four nines reliability yeah that allows you like five minutes a year a year of downtime or else it costs you real money yeah so if it's 10 bucks a gallon and the power goes out like they're paying it yeah they do not care yeah so um so these the potential
Speaker 2for a huge spike in diesel is right and all the
Speaker 1supply is going to rush to you know in a in a power outage all this supply is going to rush to the data centers plus we've got this serious supply shortage that's getting more and more urgent yeah it's an when when you write these things you know when i write the words tail risk i'm like this could get really bad three percent national demand spike i'm like i recognize that it's a rare you know it's unlikely to occur i think it's more likely than most people think but and i've written this in the digest about many things i thought it was my shtick for a while to say yes this is unlikely but it's more likely than you realize and then this shit happens one day and we wake up and we're like oh my god it's the we're counting the clock 20 days of diesel left i know
Speaker 2well that was i mean so commodities commodity prices themselves don't really have to deliver a return like a stock does in general you don't expect them to keep going up no but but you hold them for times of turmoil and we had that huge spike in gold post tariff and you go oh my gosh like this is why you've held gold for 10 years just for this and then you oil was just floating around you could own a good oil coming or something and then iran just sent them all soaring yeah i should say u.s in iran sent them all soaring the
Speaker 1day before the war i think i i can't remember i think it was wti not brandt but it was 74% bucks a barrel i don't think i mean the end of the strip a year out is like 80 so i don't think we're ever going to see i don't think we're going to see 74 bucks a barrel for a while when just so
Speaker 2when dan talks about the strip that he means you can look at oil futures and the oil futures kind of tell you what the market expectation of the price at a point in the future is so if you look at it and you say what's the price of oil in 2028 they're saying it's going back down which is um aggressive like considering the situation in iran how how long it's been going on and the physical impediments to starting oil back up right and and getting production back to where it
Speaker 1used to be so and other problems you know they have uh i think they have 14 lng trains in cutter which you know guttery lng is like a third of the world supply 30 something like that and so two of them are are wrecked enough that they're going to cost billions of dollars to fix in probably three to five years that might influence the price of something um you know sulfur the u.s doesn't have to worry about sulfur we produce massive amounts of sulfur internally but the rest of the world doesn't necessarily and so sulfur goes through there urea we've all probably heard about these things you know like ammonia fertilizer and stuff which gets into food prices well you
Speaker 2you had mentioned agricultural diesel and you start thinking about a farmer with skyrocketing fertilizer prices diesel prices lower uh lower prices on their agricultural commodities are going down and the tariffs have screwed all of that up and it's like the perfect storm to put farmers out of business
Speaker 1yeah we've got a drought that effect that's of now effect a historic drought affecting about 150 million americans right now too that i you know i don't see that like making the headlines like they're not talking about it on bloomberg or anything
Speaker 2you know um okay well let's let's turn to the profit side of the equation off all that off all that sad stuff what what i mean how do you profit from this refinery shortage just diesel shortage
Speaker 1okay i think people should always own exxon mobil and probably chevron too um they both have lots of refining capacity they're you know fully integrated oils um from you know pulling it out of the ground to refining the product and that you sell put into your your gas tank um but the refiners um that i recommended and i'm willing to go public with these now because they've they've been doing a lot of work on refining the gas tank and they've been doing a lot of work on already run about 60 percent yeah so my readers are in that trade and they're good um and i will classify these two as by the dip stocks okay um and we bought an excellent dip in december you know that was part of the deal that i said at the time i said you know if you look at the charts this is a nice dip and we've got the supply situation and all this stuff and it worked out and we were up 50 percent in a couple of months and then you know the war happened and all that um but it's the two big ones in the united states that are independent and they're not going to be able to dependent are valero and marathon the two biggest roughly three million barrels a day capacity for each of them and they both produce a lot of renewable diesel as well um and you know diesel is like refining generally refining is like a you know it's practically ancient technology you know it's like it hasn't changed our need for it doesn't change our need for the products doesn't change our needs for the products and so i think they have a really nice it amounts to a competitive advantage you know you talked about nobody wants to build one and and we've been tearing them down you know for for a couple of decades here um and that makes of course you know you tear these things down each one remains is a little more valuable than it was before the other one went out of business right so i think that i think these stocks will continue to catch a bid beyond what anybody would normally expect of them yeah i think it's only just begun i think there's a probably a double or maybe even a triple over the next couple years in these you know from where i started out in in december to be clear double or triple from there but you know that's pretty good from where we are
Speaker 2right now okay also you have been working on a new magnificent seven can you tell us about that okay i told you i was looking
Speaker 1into the ai trade and it turned into an energy trade well more broadly speaking it's an atoms trade right so we've been building the digital economy and we didn't want to build the atom economy right the physical economy we wanted to shut down all those physical things all the mines and the uh you know not even chip manufacturing all kinds of hard asset type businesses well we are hitting a wall with that the the ai build out is going to continue it is absolutely massive and the the real play one of the really great plays right now that is unappreciated is that what i'm calling what we are calling the new mag seven is actually going to be companies that are serving that need for those atoms not just digital bits right it's going to be you know everything from copper and uranium to chip making all the real hard assets of the ai
Speaker 2trade wow that sounds incredible i see you can find out more about that at backdoorprofits2026.com that's where you can learn about the new magnificent seven and i'm with you uh the physical world is is running hard into uh the reality of economic growth and that's where the next opportunity is going to be yep and you know this as an industry um the oil producers there's not so much i mean the reiners were always good but they've sort of got religion on on not overspending on capital right they've been a lot more focused on treating shareholders right than exploring for new oil and and burning through everything uh and so And I'll see you next time. If I look at Marathon, I know better than Valero, but if I look at Marathon, they are producing good cash flow. They bought back half their shares since like 2018, bought back half their shares since 2020. So now they're sitting in this spot where their margins are going to get bigger because of the crack spread, which is diesel prices going up, so to speak. But when you step back, you forget your macro view, you forget this diesel crisis. It's a good company with a good dividend, sending money back to shareholders, doing the right things. And so in my mind, you know, a stock kind of goes like this and the value, this is a ticking up value stock with a surge right now because of the current situation.
Speaker 1Another way to say what you just said is, yes, there are actual commodity companies run by people who have financial discipline. It exists, I promise.
Speaker 2It's very, it's true. It's fun to find some crazy speculation that doesn't have any assets yet, but this is a real company doing real things.
Speaker 1Yep. And Valero is in the same general ballpark. But I can't talk about, you know, disciplined capital allocation with these companies without saying ExxonMobil is the one everyone should own because they are the Mac daddy number one capital allocators in the petroleum industry globally. Yeah. You know, they can't, they don't do anything. It doesn't make a return. Yeah. Which is beautiful.
Speaker 2And so Exxon, as opposed to Marathon, just like, so people understand is a, it does everything right. Marathon is refining and also pipelines. Right. Yeah. Exxon does basically everything. They have a, they have a hole in the ground and they go all the way to a gas station where you actually, actually buy
Speaker 1pipelines, chemicals all the way to your gas tank.
Speaker 2Yeah. And so they can, when you're saying, they're capital efficient, like, or good capital allocators, they just put money in the right places. They can move it from one business to the other. They just seem to actually care about making the share price go up for shareholders, which so many companies don't. And it's a cyclical, a very cyclical business, but it's returned 10% a year over the last 10 years, which is a nice, steady baseline for a portfolio. It's not, you know, maybe not your cocktail party brag about stock, but this is how, this is what you build a portfolio at.
Speaker 1Yeah. The cocktail party. When you brag about stock, you know, that's the one that's going to fall. Like you've just, you're bragging about making 5X and it's going to fall 80%.
Speaker 2Yeah. Yeah. Everyone at the next cocktail party, they go, Hey, how did that stock you were telling us about?
Speaker 1That was okay. But, but, but this other one is really great because
Speaker 2I'm up 5X on that one now. Exactly. Exactly. So, all right. So Marathon, similar vein, they just do refining and pipelines, buying back shares. And they're sitting right there where we have this 20 days of diesel left and that's going to be a long-term problem. Yeah. Is Marathon a top stock? I mean, you brought it in here, so I'm sure you'll say. Absolutely. And refining?
Speaker 1Yeah. That's the one. That's the one. If you've got to have one, it's Marathon. And I'll tell you another thing. If Dan's wrong about the building of a new refinery and you really can do it, it ain't going to be America's first. It's going to be, you know, Marathon or ExxonMobil or some combination. of those companies. They've got the capital. Yeah, they can write the check tomorrow. That's part of the thing. It's like, so let me get this straight. All of the companies, literally every single one of them that does this better than anyone in the world just about and allocates capital to this sector better than anyone in the world want nothing to do with this first refinery, this major full conversion refinery. But if they ever do, that's how you'll know, Matt. If ExxonMobil or Chevron or Marathon or Valero, any of these guys come out and say, we want a piece of this new refinery, that's how you'll know. That's a real one.
Speaker 2Well, I agree. Marathon, definitely a top stock, definitely a top refiner. Thank you for sharing the Sandsbury Investor Hour stage and top stocks with me. It's been a great time, Dan.
Speaker 1Thank you, Matt. Well, it's always fun to talk with my friend in college. Matt Weinshank. And of course, it's fun to talk about diesel fuel because I've been singing this song for about five or six months now. And I really do. I'm amazed. I really do think it'll continue. And I'm amazed that it is turning into, it's nearly a full-blown crisis with the diesel supply being where it is. And that's what Matt and I talked about. And of course, he, like me, we're both seeing the broader trend too. The physical world is colliding with the financial world. And you heard me talk about the world of the digital world, the world of bits colliding with the world of atoms, the physical world. That is happening right before our very eyes. It's amazing. And you can see it in the market. These stocks are ripping. We'll talk about the diesel refiner, just ripping 50, 60% in just a matter of months. And I think this is the beginning of a bigger trend. And Matt's. Sees it too. And I know he's got some good ideas on it. Well, maybe we'll talk with him again in another several months about this and see where it is then. Until then, that was a great fun interview and a fun episode of the Stansberry Investor Hour. I hope you enjoyed it as much as we really did. Remember to hit like and subscribe and sign up for our free daily email. All right.
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