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#Post#: 1129--------------------------------------------------
Re: Energy Errata
By: K-Dog Date: October 6, 2021, 4:16 pm
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[quote]Now, I don't want to leave the impression I think this
problem is permanent...yet. There will be an adjustment of some
sort particularly in 1st World countries. Globally though, the
Supply Chain problem can't be fixed without cheap fuel for
transportation. So the problem is bound to get worse over
time.[/quote]
That will get Eddies wheels turning.
Profits?
#Post#: 1134--------------------------------------------------
Re: Energy Errata
By: RE Date: October 7, 2021, 12:24 am
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Eddie might be smart enough to find a way to make a profit out
of this mess. However, SHE WHO MUST BE OBEYED would make him
divest before he became stupid rich. lol.
RE
#Post#: 1138--------------------------------------------------
Re: Energy Errata
By: Phil Potts Date: October 7, 2021, 8:33 am
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[quote author=RE link=topic=49.msg1134#msg1134 date=1633584292]
Eddie might be smart enough to find a way to make a profit out
of this mess.
RE
[/quote]
He could make a killing doing mortician dentistry. Slogan: 'get
your dearly departed some pearly whites for the pearly gates'
#Post#: 1174--------------------------------------------------
Re: Energy Errata
By: RE Date: October 9, 2021, 12:10 am
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It CAN happen here.
HTML https://www.rigzone.com/news/wire/energy_crisis_threatens_to_hit_usa_grids-08-oct-2021-166663-article/
RE
#Post#: 1175--------------------------------------------------
Re: Energy Errata
By: RE Date: October 9, 2021, 12:20 am
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Lets not forget SA!
HTML https://www.batimes.com.ar/news/economy/global-energy-crisis-comes-to-drought-stricken-south-america.phtml
RE
#Post#: 1181--------------------------------------------------
Re: Energy Errata
By: Eddie Date: October 9, 2021, 1:52 pm
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Butchering is incredibly hard work. It helps to have a great
place to do it (I don�t) and plenty of water. I think everybody
should have to skin out an animal for meat at least once, to
understand exactly where their sausages come from.
When I was a kid, it was still very common to see a large iron
boiling pot in people�s front yards in East Texas, just waiting
for hard times to come back.
First frost it gets cold enough....our neighbors, my childhood
best friend�s grandparents, had a smokehouse, and back in
about...oh, 1962, I remember my Dad and Mom and all of us, two
families, getting together to butcher a couple of pigs. Good
memories.
I butchered several piglets when I got rid of my heritage pigs
and I still have some in the freezer. it needs to be eaten
before it goes bad, Now that my son is temporarily living at the
house maybe we can smoke a few hams in the smoker this fall.
#Post#: 1182--------------------------------------------------
Re: Energy Errata
By: Eddie Date: October 9, 2021, 1:59 pm
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[quote author=RE link=topic=49.msg1134#msg1134 date=1633584292]
Eddie might be smart enough to find a way to make a profit out
of this mess. However, SHE WHO MUST BE OBEYED would make him
divest before he became stupid rich. lol.
RE
[/quote]
Not going to give in to She Who Must Not Be Named on this one.
I won�t get stupid rich, but I will create some decent cash
flow, maybe. Oil just broke out, which is making me look pretty
smart right now, but there will be ups and downs.
The idea is to buy oil companies that can benefit from changing
policies like carbon cap and trade, and renewables that aren�t
totally over-priced, which is harder. Smart energy companies are
pivoting to all manner of carbon capture strategies,
diversifying into biofuels and renewables. They�ve taken a break
from exploration, and that has helped their cash flows a LOT.
My portfolio now has 16 names. Happy to share my picks, if
anybody wants to know.
#Post#: 1186--------------------------------------------------
Re: Energy Errata
By: RE Date: October 9, 2021, 4:54 pm
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[quote author=Eddie link=topic=49.msg1182#msg1182
date=1633805970]
[quote author=RE link=topic=49.msg1134#msg1134 date=1633584292]
Eddie might be smart enough to find a way to make a profit out
of this mess. However, SHE WHO MUST BE OBEYED would make him
divest before he became stupid rich. lol.
RE
[/quote]
Not going to give in to She Who Must Not Be Named on this one.
I won�t get stupid rich, but I will create some decent cash
flow, maybe. Oil just broke out, which is making me look pretty
smart right now, but there will be ups and downs.
The idea is to buy oil companies that can benefit from changing
policies like carbon cap and trade, and renewables that aren�t
totally over-priced, which is harder. Smart energy companies are
pivoting to all manner of carbon capture strategies,
diversifying into biofuels and renewables. They�ve taken a break
from exploration, and that has helped their cash flows a LOT.
My portfolio now has 16 names. Happy to share my picks, if
anybody wants to know.
[/quote]
Coal Stocks are doing well:)
The stocks and the prices will bounce up and down. Oil now @
$80, about the breaking point for the economy Once the price
gets high enough, consumers can't afford to buy, so then it
drops again. No doubt there are more cycles of this ahead.
Nobody will really benefit from renewables, because they just
can't meet the demand. Hydro Power and Wind Power both not
meeting demand in Europe and Brazil due to climate change and
drought.
But, you are smart enough hopefully to buy low and sell high at
the right time to get stupid rich. At least as long as she who
must be obeyed doesn't make you sell first. ;D
RE
#Post#: 1190--------------------------------------------------
Re: Energy Errata
By: RE Date: October 9, 2021, 10:48 pm
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Lights out in Lebanon.
HTML https://www.usatoday.com/story/news/world/2021/10/09/energy-crisis-lebanon-main-power-plants-run-out-fuel-shut-down/6070590001/
RE
#Post#: 1191--------------------------------------------------
I got my Enstar Gas Bill for September
By: RE Date: October 9, 2021, 11:27 pm
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$18!!!
hahahahahaha!
Basically, since I live in a multiresidence building, I keep my
thermostat all the way down all the time. The building has to
keep the hallways around 50F or so, and other old folks keep
theirs set at 70F or even higher. My apartment hovers between
60-65F. I wear a sweatshirt. BFD.
No super cold nights yet, just a few below freezing. I will
report on the monthly cost as winter progresses.
We are in good shape so far.
RE
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