There’s a counter-trend investment movement brewing— and it’s called the #CanadianOilMafia.

In response to renewable energy politics, the investors of the Canadian Oil Mafia have realized a potentially lucrative truth:

People are blinded by the narrative that oil is on its way out due to the emergence of electric vehicles and the green revolution.

The #CanadianOilMafia argues that the data says otherwise.

Renewables may be the future, but the world got too ahead of itself (and then dogmatic) about clean energy— leaving the oil sector out in the cold, vilified and chronically underinvested.

For the last decade, it’s become politically unpalatable to back oil projects, despite oil being the only economically viable bridge between our current energy consumption reality and the future renewable one.

But unlike the hypothetical future cash flow promises of many tech and clean energy investments today, Canadian Oil companies are making money right now.

The point boils down to this: We still need oil.

Canada sits on the third largest oil reserves and has the most ethically produced crude oil in the world. The ESG movement is alive and well even within Canadian oil companies like Whitecap Resources ($SPGYF, TSE: $WCP), which stores more CO2 annually than they emit corporately.

Business journalist Margot Rubin makes the point that Canada is a vastly preferable trading partner compared to Venezuela or Iran when striving to achieve global energy security and mitigating energy cost pressures facing the middle to lower class.

You may not have realized it, but you are part of the #CanadianOilMafia if you believe that the sustainable future we all want will not be built from scratch but rather from the infrastructure we currently have today.

The Canadian Oil Mafia has identified that renewable energy sources can’t deliver on their promises as soon as many had hoped. The realization that oil is not dead is resulting in a snap-back of oil demand without adequate supply to meet it, making the 2020s a decade characterized by energy poverty.

And the Canadian Oil Mafia is here to bet on the world's growing thirst for energy.

The ring-leaders of the movement are confident that oil demand growth will continue for the next ten years.

“I can’t tell you where the necessary barrels are going to come from” said Eric Nuttall, Senior Portfolio Manager of Ninepoint Partners.

“US shale has got a couple more years of meaningful growth, then it’s done. Canada? We can’t grow oil production because of investor constraints and pipeline constraints from a government that’s not the biggest champion of the oil industry. We are very simply in an energy supply crisis with no easy fix. Resulting in an environment of sustainably high oil prices.”

Shubham Garg and Sohaib Abbas are the duo spearheading the #CanadianOilMafia movement. They have been publishing their research and hosting frequent twitter spaces to sound the alarm on the incoming energy crisis. They aim to raise awareness about how egregiously low Canadian Oil equities are currently priced at in light of energy demand. One of their Twitter spaces which focused on addressing ‘energy ignorance’ lasted a herculean 14 hours and had ~18,000 listeners between the live & replay format.

“People ask me ‘Crude oil is at $100, why are you not selling?’” said Shubham Garg, who has a background in petroleum engineering.

“I’m not selling because the supply-demand dynamic is favorable. Supply is shrinking at two million barrels a day even while American Shale is adding production, OPEC is adding more production, but demand keeps growing faster. As long as inventories keep going down, that’s a signal that prices will remain high.”

To follow along with the growing movement, you can follow Sohaib Abbas @sohaibab9 on Commonstock. You can also check out Shubham Gatg's website, where he has uploaded webinars and tools to help educate people about the case for oil. @oilman69 is also a great follow for all things oil and gas.