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DewDiligence

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DewDiligence

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Re: DewDiligence post# 435

Saturday, 07/13/2019 12:32:18 PM

Saturday, July 13, 2019 12:32:18 PM

Post# of 528
WSJ skeptical of Shell’s plans in power:

https://www.wsj.com/articles/oil-giant-shells-pivot-to-electricity-could-bring-investors-less-sizzle-11563015600

Oil giant Royal Dutch Shell aims to become the world’s largest electricity company without necessarily generating very much power.

…Hoping to capture the most profitable part of the business, Shell’s power strategy will be light on assets and focus on trading electricity generated by others.

Isn’t this what Enron was doing?

See #msg-139680223 for related story.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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