RE:well it remebered me the 2008 crisis
Watched part of a MarketBeat video (they never stop coming) and it was a promo on Natural Gas and LNG. They claim there will be a big push by the Biden group(minus the progressives) in the second half of the year leading into election year that will be all about the use of natural gas to resolve big problems in powering the electrical grids around the world. The claim is that the U.S. is the biggest holder of natural gas reserves in the world.
They claim it is being recognized that wind and solar can never be in a position to resolve the energy problem regardless of the current hype. It is just not a practical answer. It can be an assist but it cannot be an answer.
Bottom Line? It is a promo for investing in natural gas stocks and LNG infrastructure. They claim the U.S. has at least 11 port facilities for LNG in place and 24 either under construction or on the drawing board. What does Canada have? One?
BKR - Baker Hughes - was their big push.
Interesting spiel but primarily a promo for their stock pick -- how much of the natural gas push might be factual and how much might be pure spin, who knows, but they're suggesting it will be an about face for Biden starting after July. !!