Roger Conrad, Tortoise King

Investment Analyst | 40 years helping thousands of high-net-worth individuals earn $100B+ from energy, utility, and REIT dividends | Steady wins the race 🥇🐢💰

[Roger Conrad, Tortoise King @Roger_Conrad]

At 25
I was broke with no plan.
By 35
I owned my own home with my wife & 1st son.
By 45
We had 3 kids and I advised centi-millionaires.
By 55
I had an 8-figure net worth and the freedom to be with my family for all the important moments

I did it all by investing in 5 things: 🧵

[Utility Dive @UtilityDive]

Restarting previously closed nuclear plants could be one of the most cost-effective ways to supply large amounts of firm, clean electricity, writes Patrick White at Clean Air Task Force.

[Elliott Gue @Elliott_Gue]

Leveraged fund speculators just built the largest short position in history in 30-Year Treasury futures.

The result? A classic, massive "speculative pain trade" is underway as yields reverse back into their longstanding range.

[Elliott Gue @Elliott_Gue]

While everyone obsesses over LNG tankers and AI data center power , the real "stealth export" of cheap U.S. natural gas is leaving our ports completely under the radar.

It’s embedded inside global food supply chains. Here’s why agriculture is secretly an energy derivative:

[Roger Conrad, Tortoise King @Roger_Conrad]

@atrupar There’s no better argument for just letting industry do its job than this kind of partisan politics-infused binary “debate” about energy. US electricity is cheaper, cleaner and more reliable when government gets out of the way of investor owned electric utilities.

[Roger Conrad, Tortoise King @Roger_Conrad]

@bennyjohnson Nashville, the capital of the state, already didn’t have its own representative in the US Congress. Seems reasonable the plan was always to take Memphis’ rep away too. No better demonstration of why after all these years, Tennessee still needs federal laws to ensure fair play.

[Roger Conrad, Tortoise King @Roger_Conrad]

@jackprandelli Here’s a novel idea. Let’s drop the energy politics BS about there being a “best” power source and let electric utility company professionals to do their job. Seems to work pretty well in Florida.

[Roger Conrad, Tortoise King @Roger_Conrad]

@SenTomCotton @washingtonpost Real bipartisan energy infrastructure permitting reform that’s tech neutral. Time to get it done!

[Roger Conrad, Tortoise King @Roger_Conrad]

@MichaelGiberso3 @JoshuaBasseches @wing13nut Utility deregulation utterly failed to hold down customer rates and ultimately led to more top down federal regulation. Look at the data—every restructured state except Texas had rates rise faster than the national average the past 5 years. No state with regulated monopolies did.

[Roger Conrad, Tortoise King @Roger_Conrad]

@JoshuaBasseches No it’s a cautionary tale about spending on power projects that take a decade or more to build. And Georgia Power rates still haven’t risen faster than the national average the last 5 years—as every “restructured” state has except Texas. Oddly enough, utility monopolies work.

[Roger Conrad, Tortoise King @Roger_Conrad]

@Gaurab Two words: Free trade. To paraphrase President Reagan “Mr Trump tear down this tariff wall.”

[Roger Conrad, Tortoise King @Roger_Conrad]

@SenMcCormickPA @POTUS @GovernorShapiro @howardlutnick Yes the federal government should decide what power plants run—just like in Germany.

[Roger Conrad, Tortoise King @Roger_Conrad]

@MikeJohnson Voters in this purple state approved this temporary measure for the same reasons a Democrat won a landslide last year in the governor’s race
—national Republicans’ scorched earth policies. Dial back on the hypocrisy and hyper partisanship and you may get a Youngkin like result.

[Roger Conrad, Tortoise King @Roger_Conrad]

@TomMoyerUT The industry needs a product that a utility can take to regulators and investors and say with credibility this is what it will cost and this is how long it will take to build. Until they do, there will be no new orders—other than from government handouts.

[Roger Conrad, Tortoise King @Roger_Conrad]

@SenTedCruz @DominoTheoryMag Yet the US/China economic relationship brought billions out of poverty and enriched this country by basically zeroing out inflation for 40 years. The key is to manage it well—which has been sadly lacking in this country the past decade or so.

[Roger Conrad, Tortoise King @Roger_Conrad]

All 15 states where electricity prices rose faster than the national average the last 5 years deregulated in the 1990s. The 35 still with regulated monopolies were below. “Competition” discourages long term planning—limits investment raising costs and worsens reliability. That’s the history of the power sector. Time to drop the ideological BS.

[Roger Conrad, Tortoise King @Roger_Conrad]

@ThirdWayEnergy @jsfreed @PostOpinions It’s an all of the above energy world. Opportunity abounds!

[Roger Conrad, Tortoise King @Roger_Conrad]

@ENERGY Government handing out billions of dollars to energy companies years away if ever from earning their first real dollar. Why does that sound so familiar….

[Roger Conrad, Tortoise King @Roger_Conrad]

Let’s face it. Energy politics of every stripe
—and however well intentioned—discourage long term planning and investment. That adds up over time to decreased reliability and higher rates.

Regulated monopoly utilities as in Florida can do the planning needed that so-called competitive states can’t.

That’s why every regulated state has raised rates less than the national average the last 5 years. Every deregulated state but Texas has seen its cost of electricity rise faster than the national average.

[Elliott Gue @Elliott_Gue]

Knee-jerk sell-off E&Ps at the open, but stocks were never pricing in $100/bbl+ oil; in fact, that's too high for comfort as it risks demand destruction. Also note rally in oil services stocks like $SLB as potential end to conflict gives more certainty to ME projects.

[Roger Conrad, Tortoise King @Roger_Conrad]

It’s fair to ask why. https://t.co/epKNUExh2o