Business Draw

Business Draw

The energy crisis and OGCT: how to save your money against the background of the general recession?

The global energy crisis is not only high tariffs for gas and electricity. The consequences are much more serious, because almost any production has energy costs in the cost price. There is no doubt that they will become more expensive. But there is also a positive side: you can still make money on it.

The impact of the energy crisis on the modern economy

Obvious crisis phenomena in the energy market began in the fall of 2021. Several factors contributed to this:

  • a post-covid economic recovery and, as a result, an increase in demand for energy resources. The market did not have time to react to this;
  • cold and long winter of 2021-2022;
  • reduction of coal production and shutdown of some gas fields (for example, Groningen in the Netherlands) against the background of the transition to alternative energy;
  • low efficiency of alternative energy sources due to cold winters and windless summers;
  • a large number of other factors (field fires, instability of the Asian market, sanctions pressure, etc.).

As a result, there is a powerful energy crisis, which leads to a strong and constant rise in the cost of basic energy resources: gas, coal and oil.

What could be the consequences of the energy crisis for the whole world? Inflation against the general decline in production. An increase in the price of energy resources will lead to an increase in the cost of all production chains. It is expected that manufacturers will transfer these costs to consumers. As a result, there is a decrease in consumer activity.

Who will earn in this situation? Owners of energy companies: mainly those engaged in resource extraction. Against this background, a trend is expected to increase resource extraction, despite the critical impact of these processes on the environment. The leaders of the countries will have to take this unpopular step, otherwise the energy crisis for many will turn into a political one.

Anyone can make money from a difficult and unstable situation in the energy sector. The main thing is to invest properly.

OGCT token: an investment asset linked to the price of energy resources

OilGasCoalToken is a new cryptocurrency token issued on the TRON blockchain. Its value is emphasized by its binding to the cost of energy resources, as well as by its limited release. The price of OGCT depends on the price of three major assets: natural gas (40%), Brent oil (40%) and coal (20%). Accordingly, an increase in the cost of resources will lead to an increase in the value of the token.

How to evaluate three completely different fossil energy resources? For convenience, a measure used on international exchanges is taken: one million British thermal units (MMBtu). One OGCT token is equal to one MMBtu.

The simplest way for investing in OGCT is as follows:

  1. Invest in tokens now.
  2. Wait for the price of energy resources to rise (the active phase is expected in November 2022).
  3. Exchange the more expensive tokens for fiat or USDT.

For those who like to play “for a long time”, there are also prospects. Against the background of the energy crisis, the value of resources will steadily grow. Despite the expected seasonal declines, the price will increase by the beginning of the heating seasons. The stronger the crisis and the deficit, the higher the cost. By investing in OGCT, you can not only save them, but also significantly increase your capital.

Another prospect of investing in energy tokens is the future use of OGCT as an exchange index and a direct impact on the market. In such conditions, token holders receive reliable financial instruments. But it is important to purchase tokens now: while they are available.