How Global Leaders Think About The Future Of Energy -- January 5, 2022

Strategically:

• Mexico will begin to phase out crude oil and refined exports this year and end all such exports in 2023;
• China is likely to halve their fuel export quota; keep more at home.
• US will mandate that more be kept in the ground (forever); and release reserves from the SPR to sell to China and India.

My hunch: the Brandon team is using the "heating water on the stove / frog on a log" theory to gradually raise price of gasoline in California to expedite transition to EVs.

This seems to be a huge win - win for investors. 

*************************
UNP

Wow. From Zacks.

And after all that, Zacks still rates UNP as a "hold." What am I missing? Waiting for a pullback to buy on the dip?