Home > Boards > Free Zone > Education > MegaTrends (MEGA)

A true MEGATREND: Oil To $300? BY TYLER

Public Reply | Private Reply | Keep | Last ReadPost New MsgPrevious | Next
Pro-Life Member Profile
Member Level 
Followed By 971
Posts 47,561
Boards Moderated 38
Alias Born 08/16/07
160x600 placeholder
Front Month Nymex Natural Gas Rose 10.51% This Week to Settle at $4.0600 -- Data Talk
Front Month Nymex Natural Gas for Aug. delivery gained 38.60 cents per million British thermal units, or 10.51% to $4.0600 per million British thermal units this week
Front Month Nymex RBOB Gasoline Rose 1.67% This Week to Settle at $2.2913 -- Data Talk
Grimmway Farms Recalls Certain Carrots Due to Risk of Salmonella
Kimberly-Clark Reports 2Q Results, Offers Guidance -- Commodity Comment
GDP Growth Expected to Accelerate in 2Q -- Data Week Ahead
Veoneer Shares Touch 52-week High, Magna Plans to Acquire Co.
Top Company News of the Day
AbbVie Gets FDA OK for Pediatric Skin Infection Drug
FTSE 100 Index Ends the Week 0.28% Higher at 7027.58 -- Data Talk
STOXX Europe 50 Index Ends the Week 0.84% Higher at 3558.08 -- Data Talk
CAC 40 Index Ends the Week 1.68% Higher at 6568.82 -- Data Talk
DAX Ends the Week 0.83% Higher at 15669.29 -- Data Talk
STOXX Europe 600 Index Ends the Week 1.49% Higher at 461.51 -- Data Talk
EURO STOXX 50 Index Ends the Week 1.82% Higher at 4109.10 -- Data Talk
FTSE 100 Closed Higher Despite Volatile Week
Vonovia Unlikely to Secure Enough Support From Deutsche Wohnen Shareholders to Pursue Takeover
Kimberly-Clark Keeps Forecast of Favorable FX in 2021 -- Currency Comment
U.S. Economic Growth Moderated in July -- IHS Markit
Veoneer Shares Climb on Magna Acquisition Deal
FTSE Rises, Covid-19 Strategy and Brexit Tensions Could Hit Pound
AstraZeneca's Bydureon BCise Gets U.S. Approval For Type 2 Diabetes in Pediatric Patients
NextEra Energy 2Q Profit Declines on Lower Revenue
Kimberly-Clark Cuts Full-Year Guidance Due to Inflation
Kimberly-Clark 2Q Hit by Higher Input Costs, Reversal in Demand
Pfizer, BioNTech to Sell Further 200 Million Covid-19 Vaccine Doses to U.S. Government
Pro-Life Member Level  Friday, 06/04/21 08:19:40 PM
Re: Pro-Life post# 354
Post # of 355 
A true MEGATREND: Oil To $300? BY TYLER DURDEN FRIDAY, JUN 04, 2021 - 01:15 PM
By Doomsberg Substack

https://www.zerohedge.com/commodities/oil-300
Quote:
We see a shift from stigmatization toward criminalization of investing in higher oil production[/i].” – Bob McNally, former White House official, “This Time Is Different” Bloomberg May 30, 2021

“From today, halt all investment in new fossil fuel supply projects and make no further final investment decisions for new unabated coal plants.” – IEA Roadmap to Net Zero by 2050


Quote:
Does $300 seem like clickbait now?

Look, I know what you are thinking. “On the one hand, this chicken is making a lot of sense. On the other hand, I’m reading a blog written by a chicken on Substack. How seriously can I take this stuff?”

I’ll leave you with this. If Bloomberg is flippantly dropping criminalization quotes in above-the-fold news articles detailing a sea change in how people with the real power in our society are viewing the fossil fuel industry, it’s best you sit up, pay attention, and prepare accordingly.



Public Reply | Private Reply | Keep | Last ReadPost New MsgPrevious | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences