Energy Sector Compendium

[Cooper]

@Cooper

-US shale has likely already peaked.
-Yes there will be more EV demand. However you will need oil to make the vehicles.
-Oil demand and energy demand in general will rise significantly in the coming years. Peak oil won't be until 2050 or later.

There isn't much profit to be made at $60 oil. Some rigs in the US have temporarily shut down. So either the price goes up or your car won't start. I'm betting on the former. I have invested in several offshore oil companies.

Here is a good interview from commodity investing legend Rick Rule:

Thanks for the feedback.

Most new energy is/will be generated from gas, coal, nuclear and renewables, not oil.

73% of oil consumption is for transport (combustion engine), and fleets are gradually being replaced by EVs. In 10-15 years, EVs will dominate every auto market in the world except for the US, and maybe Russia, and that will include trucks.

The prospects for oil aren't great in the long run, but I'm not not sure about the short/middle term, especially if there is some political instability.

 

[Judoka]

Thanks for the feedback.

Most new energy is/will be generated from gas, coal, nuclear and renewables, not oil.

73% of oil consumption is for transport (combustion engine), and fleets are gradually being replaced by EVs. In 10-15 years, EVs will dominate every auto market in the world except for the US, and maybe Russia, and that will include trucks.

The prospects for oil aren't great in the long run, but I'm not not sure about the short/middle term, especially if there is some political instability.

I will have to disagree on all those points. The prospects for oil are great in the long run, in the short run who knows. Watch that video I posted if you have the time.

 

[Blade Runner]

Have a look at IREN for something very, very interesting. Yes, if I had posted this yesterday it'd be more interesting than right now, unless you love momentum plays.