176 billion is not that large today when trillions get mentioned all the time. But you are right that the Federale Reserve never had losses before Joe Biden's régime
Posted on 07/04/2024 10:12:45 PM PDT by dennisw
Economic Benefits of a Revitalized Energy Sector
O’Leary pointed out that a strong energy sector is crucial for economic stability and growth. He mentioned that efficient energy infrastructure, like pipelines delivering gas to international markets, could significantly reduce national debt. He also suggested that a robust oil and gas industry could lead to energy security and vibrant economic outcomes, benefiting not just the industry but the overall economy.
A Resurgence in Fossil Fuel Investments
Kevin O’Leary’s insights suggest that the recent Supreme Court ruling could significantly alter the landscape for the oil and gas industry. By potentially curbing regulatory overreach and highlighting the importance of modern technology in energy production, this ruling may pave the way for a resurgence in fossil fuel investments. As the debate over energy policy continues, it remains to be seen how these developments will shape the future of America’s energy sector.
(Excerpt) Read more at msn.com ...
Although petroleum is oftentimes mistakenly called a “fossil fuel,” that ruling was a pleasant surprise.
Might be a good point in time to invest in oil and gas companies.
Fossils my arse. They’re called HYDROCARBONS.
Uh, democommies.
Gas at $1.50 and below.
Good.
But fracking is evil. Keep breaking up the erf and pierces of the US could start flying off into space.
This is all assuming that the communists running government now will follow the law. They won’t.
reverse the government take on fossil fields back to what they were
Oleary os a con man.
Google “kevin oleary, the learning company, mattel.”
Not to mention his involvement with sam bankman fried and ftx.
Will check it out! But Kevin O’Leary is very clever and knows macroeconomics better than many professors/
BTW his mother is Lebanese and was a real go-getter entrepreneur and investor... Read his Wikipedia on this.
What? No! Who’s going to buy the EVs then?
But democrats still rule in some of the energy producing states. They still have the stranglehold on energy. New Mexico used to be a great place to live, work and go to school. Now thanks to the Democrat economic stranglehold they have fallen well below Arkansas and Mississippi! Now both say “Thank heavens for New Mexico!” as it keeps those two states off the bottom of all lists.
WOULD LOVE to hear O’Leary’s comments on the news that the FEDERAL RESERVE SYSTEM has LOSSES that began 9-28-2022 & continued to this say-—Showing $176 BILLION in losses occurring by 6-19-2024.
21 months & HUGE LOSSES.....
NEVER HAS HAD LOSSES PRIOR IN US HISTORY
176 billion is not that large today when trillions get mentioned all the time. But you are right that the Federale Reserve never had losses before Joe Biden's régime
It s/b for the timber industry too.
The last time I talked to a guy, he told me it was up to $1500 alone in moving permits to just move his operation a 1/4 mile down the road and that was years ago.
We’re exporting record amounts.
This isn’t about helping Americans.
Just Deep States.
What is s/b?
US oil consumption in 2023 rose 0.6%, amid all the EVs.
China oil consumption in 2023 rose . . . get this . . . 10%, and they are EV focused.
It’s all crap. Oil consumption in the US is now about 19.5 million barrels/day. In China, 16.6 mbpd. They will catch up.
https://www.energyinst.org/statistical-review/resources-and-data-downloads -— download the .xlsx spreadsheet. It takes a long time to open. Go do something else and come back to it. This is BP’s annual bible (outsourced now), published annually June each year for 70 yrs
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