US energy, just thinking out loud. Not ready for prime time.
Nuclear: there will be no net addition of nuclear energy in my investing lifetime.
Coal: tea leaves suggest we won't see any additional coal-produced electricity in the US in my lifetime.
Energy demand will increase annually for the rest of my investing lifetime. EVs.
Hydroelectricity: niche and no additional hydroelectricity in my investing lifetime.
That leaves: natural gas and solar/wind.
Neither wind nor solar are dispatchable.
Presidential and US Congressional policies are widening the moat with regard to electricity production.
Switching gears.
COP really, really changed the landscape this past month.
Oil:
- European majors are "giving up." So, it's pretty much the US and OPEC+.
- for the US:
- first tier: XOM, CVX, COP.
- second tier: EOG, Hess, MRO, OXY
- third tier: CLR, PXD, DVN, WPX,
- fourth tier: APA, Whiting,
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Meanwhile, Apple, Inc
Things are looking really, really good for Apple.
The "Epic" story has pretty much run its course, and Epic lost, Apple won.
iPhone 13 Pro phones: pre-orders suggest these phones are going to do a whole lot better than anyone expected.
iPhone 13: from $699.
iPhone 13 Pro: from $999.
Most of these phones are subsidized by the provider.
Most folks will upgrade.
Before the update and the subsidies:
- $699 / 24 = $30 / month.
- $999 / 24 = $41 / month.
Folks who can afford an iPhone 13, will easily be able to afford the iPhone 13 Pro.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
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Telescoping
As I go through all the business stories each day, any time I see something "outlandish," or completely unexpected, I have to remind myself that the plague year telescoped everything from 2020 - 2035 into 2020 - 2025.
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