Natural Gas Now Best Picks – November 5, 2022
Shepstone Management Company, Inc.
Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. This week; the ESG scam, Biden’s high energy prices, more grid grief and an angry old man.
Look for these stories below, including links to the original articles!
Well, this was as predictable as the fact sunset will occur at 5:52 this evening:
There are now signs that investment clients are starting to retreat, as fresh data points to a marked slowdown in flows.
And on Thursday, a report indicated that some Article 9 funds hold assets that may violate UN and OECD standards on everything from bribery to fraud.
The story is, essentially, about how the entire ESG thing is an incredible scam and too many of the companies pretending to be doing it are cheating (because, of course, they have to do so to earn any real money), which has resulted in great chastisements by the elitist overlords, followed by the withdrawal of investments.
Hat Tip: S.H.
For a very educational, funny and harshly truthful take on our current energy crisis read the whole thing but here are some of the most illuminating points:
Similarly, when the “President” of the US, the world’s largest oil-producing country, says he hates the oil industry and then proceeds to do everything he can do to destroy it … just what the heck do you think will happen to world oil prices?
Yep. You’re right. They’ll go up. But not, as 10% Joe falsely claims, because of “oil company greed”. Companies are always greedy, and oil companies are no exception. But are we to believe they suddenly got greedy just when Capo Joe took power? Sorry, don’t believe in coincidences like that.
So regarding the question of high gas prices, the answer is, the Biden Crime Family has (hopefully temporarily) made it far too risky to invest the necessary billions in oil exploration, drilling, and production … and the oil majors have responded exactly as you and I would, except more so…