Is the Demand for Crude Oil Out of Balance?

The video discusses the resurgence of US oil production, highlighting significant increases in output from key regions like Eagle Ford, Bakken, and the Permian Basin. It examines the global demand and supply imbalance, noting the return of capacity in OPEC countries and the impact of geopolitical issues in Iraq. The video also covers natural gas market dynamics, emphasizing the need for a cold winter to boost prices. Finally, it evaluates the valuation of energy sectors, indicating that both crude oil and natural gas groups are below historic averages on an EV to EBITDA basis.

What factors are affecting natural gas prices as mentioned in the text?

What does the research show about the valuation of crude oil and natural gas groups?