Category: Energy
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CEO, Entrepreneur, Born in 1964
Jeff Bezos shares his optimistic perspective on Donald Trump’s potential to reduce excessive regulations in the U.S., viewing this as vital for economic growth and managing national debt through increased GDP. He also expresses hope for a more positive engagement from Trump towards the press and notes a calmer demeanor from the former president. Transitioning…
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Trade War 2?
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Prices Are Still Too High
According to WSJ, many Americans continue to fixate on inflation, despite the fact that prices are rising more slowly. This discontent with inflation is weighing on President Biden’s approval ratings and his re-election hopes. Although inflation has fallen, it remains a significant concern for consumers. They are particularly sensitive to rising prices because they remember…
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Grantham says “only invest outside the US”
Jeremy Grantham shares his insights on market bubbles, his investment strategy, and his concerns about the climate crisis in this interview. He emphasizes the role of human nature in creating bubbles, with people driven by the fear of missing out on wealth. Grantham also highlights the importance of recognizing human nature in market behavior and…
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Getting ready for energy grid overload…
This video is a big ad for Avangrid, but it is useful in that it accurately describes the shortcomings of the USA energy sector and grid regardless of the proposed solutions. The CEO of Avangrid, Pedro Azagra, describes the state of the current grid, which consists of three distinct parts: the eastern part, the western…
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OIL is the most important commodity on the planet.
This is a great explanation of futures markets and oil futures using the CME crude oil contract as an example.
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Bianco Predicts…
The Magnificent Seven stocks (FANG stocks, plus Tesla, Microsoft, and Nvidia) have contributed significantly to the overall market gains. Bianco attributes their success to the hype around artificial intelligence and the rollout of new technologies. However, he also notes that the performance of the other 493 stocks in the S&P 500 has been less impressive,…
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Canada’s 40B LNG Investment
Canada, being one of the world’s largest producers of natural gas, does not have the infrastructure to export it overseas. LNG Canada aims to become a major source of liquefied natural gas (LNG) for export. So, this project involves building a terminal and pipeline to transport the gas from the source to the terminal, where…
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Berkshire buys…
https://www.businesswire.com/news/home/20230710023048/en/Berkshire-Hathaway-Energy-Announces-Purchase-of-Additional-Stake-in-Cove-Point-LNG?s=03 Berkshire Hathaway first bought a stake in Dominion’s gas pipeline and storage assets for $4 billion in 2020 and just announced 50% stake in the Cove Point liquefied natural gas facility for $3.3 billion in cash. BRK.A now owns a 75% limited partnership stake in Cove Point LNG located in Lusby, Maryland. Subject to…
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Germany kicking the can…
https://www.kob.com/news/business-money/german-government-puts-off-vote-on-a-contentious-heating-plan-until-september/ Germany’s governing coalition has delayed a vote on legislation aimed at encouraging the replacement of fossil fuel heating systems until September. The decision came after the country’s top court rejected plans to push the bill through parliament this week. The court’s ruling was an obstacle for Chancellor Olaf Scholz’s coalition, hampering its attempts to…