Musk Proposes to Proceed With Twitter Deal
Bloomberg Businessweek
00:00
Energy Equity Trading
There's going to be a transition away from fossil fuels towards renewables but the supply tension that we're seeing is thin. The industry has been systematically under investing in new supply partly because oil prices didn't merit it with oil prices for the better part of the last 7 years were pretty mediocre or worse. And then also some of it is quite honestly coming from institutional investors which told the industry repeatedly that they would much rather see them focus on returning cash to shareholders and less about producing more barrels.
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