Wednesday, July 11, 2018

For Business -- Texas #1 -- CNBC -- July 11, 2018

From CNBC:
  • Texas claims the top spot in CNBC's 2018 America’s Top States for Business rankings
  • The energy sector is helping to turbocharge the $1.6 trillion Texas economy
  • Texas has added more than 350,000 jobs in the past year
  • Texas is home to some of America's most important public and private companies, including giants like AT&T, ExxonMobil and Dell
  • forgot to mention Toyota US headquarters in Plano, TX
During the Bakken boom, the local U-Haul dealer had trouble staying in business. Everyone was moving in; no one moving out. The dealer had to lease more land just to "store" all the U-Haul trucks and trailers coming into Williston.

Now, I'm seeing the same thing in Grapevine, TX, north of Ft Worth -- outside DFW airport. I drive past the local U-Haul dealer every day on my way to McDonald's or Starbucks, and his lot keeps filling up with more trucks and trailers. It's really quite remarkable.

Disclaimer: this is not an investment site.

Buying opportunity. The anxiety about the trade war will dissipate (for investors) as soon as earnings season gets underway.

EVs and CO2: we've been talking about this on the blog for years. EVs will drive increased electricity demand. The DOE says as much as 40% by 2050. Beneficiaries: short term -- 20 year: natural gas; after that: coal.

Dirty air: As for air pollution, WalletHub says Huntington Beach, Los Angeles, Santa Ana, Bakersfield, and Riverside have the dirtiest air in America. Comes from WalletHub's annual list of 10 worst-run cities in the US.

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Watering The Plants Before Going To School


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