TexanObservator

Energy | Investments | Constitutional rights | Fantasy football | *Not investment advice*

[TexanObservator @TexanObservator]

From 2023 – 2024:

Used EVs lost 20.5% of their value … ~$8,695.

ICE cars only lost 6.8% … ~$2,000.

#OOTT
@GuyDealership

[TexanObservator @TexanObservator]

LCOE metric is a scam.

Great to see it debunked.

#EFT #OOTT

[TexanObservator @TexanObservator]

10 yr cumulative oil demand displacement of 3 MMBbl/d is like 2 years worth of *annual* oil demand growth (nevermind the base demand untouched)

Oil isn't going anywhere #EFT #OOTT

[TexanObservator @TexanObservator]

United Auto Workers union exec:

“It doesn’t take a rocket scientist to figure out that our sales for the [Ford] Lightning have tanked.”

Per WSJ $F #EFT #OOTT

[TexanObservator @TexanObservator]

@DanCrenshawTX on EVs (paraphrased):

The break even point where an EV starts to reduce total emissions is 70,000 miles

ie EV must run that long to reduce enough emissions to offset the emissions created in its manufacture/etc

#EFT #OOTT

[TexanObservator @TexanObservator]

$F EV sales plateau … the “toy for the rich” brands like $TSLA (60% market share) growing … but the common man not seeing the value #Oil #EFT

[TexanObservator @TexanObservator]

@NiceQuarterGuys @PermianLigand I counted the preffered stock as debt and counted pref divvys as interest. ~$1 B Income from minority interests included in ebitda

[TexanObservator @TexanObservator]

Anyone else liking $ET at a ~24% DCF yield rn?

[TexanObservator @TexanObservator]

@PermianLigand 7.2x ebitda seems too cheap for that biz

[TexanObservator @TexanObservator]

@UberFacts @CommunityNotes

[TexanObservator @TexanObservator]

@EthicalSkeptic What a tourist.

[TexanObservator @TexanObservator]

@EnergyCynic Those are external forces. Here, Russian army reportedly aligning with Wagner at scale. Coups happen fast.

[TexanObservator @TexanObservator]

@elonmusk @JamesEsses So much for free speech absolutism?

[TexanObservator @TexanObservator]

Biodiesel landscape moving quickly … #EFT #OOTT

[TexanObservator @TexanObservator]

If you’re tired of federal agencies legislating via rule making, this is Big … Supreme Court will revisit Chevron deference doctrine … a reversal would be a huge W for balance of power. https://t.co/yCkxptZVlb

[TexanObservator @TexanObservator]

Clean energy subsidies as % of cost … #EFT #OOTT

[The Kobeissi Letter @KobeissiLetter]

Over the last 2 days:

1. Saudi Arabia "no longer interested in pleasing US"

2. Saudi Arabia attempting to adopt economic strategy “without US dependence”

3. Chinese Yuan replaces US dollar becoming most traded currency in Russia

4. OPEC issues "surprise" production cut against US advice

5. Malaysia says there's no reason to depend on US dollar

According to the Financial Times, this is because Saudi Arabia's relations with the US have "declined under the Biden Administration."

Just last week, Saudi Arabia announced a new oil facility using Chinese Yuan worth $12.2 billion.

They are also considering selling oil in Chinese Yuan rather than US Dollars.

This is the biggest push against the US Dollar in recent history.

[TexanObservator @TexanObservator]

Caused by the Fed (and technology) …

[unusual_whales @unusual_whales]

Yellen: rising inequality leading to social instability in US.

[EnergyCynic @EnergyCynic]

So @SecGranholm comments led directly to higher prices for Americans

Childish unicorn tweets about renewables + energy ignorance = people get hurt

[TexanObservator @TexanObservator]

@secupp Wow, geez ... >90% of gun homicides are with a handgun?