Jack Morton

Prospect generator degenerate.

[Jack Morton @__jhm]

@Chesschick01 Inflationary periods almost always lead to domestic political unrest and labour strikes. Western politicians today live in absolute fear of political unrest. I think we will see an increase in labour strikes - another 'externality' to blame, rather than a symptom.

[Jack Morton @__jhm]

@Chesschick01 Policymakers always emphasize temporary 'externalities' and downplay monetary policy. Argentines' blamed 'speculators', commod. prices and more for their crises. Admitting the role of monetary policy demands unpopular choices: spending restraint, higher taxes or tighter policy.

[Jack Morton @__jhm]

"This plan will double the capacity of our grid by 2050 and supply clean, reliable, affordable power across the country for decades to come [...] Realising these savings will require a willingness to use a wide range of energy" https://t.co/UOhsbnQqox

[Andrey Sizov @sizov_andre]

In early May, India said the government had no plans to ban sugar exports this year. Then on May 13, it did exactly that. For now, though, the market does not seem too impressed.

#oatt #sugar #india #hoarding

[Jack Morton @__jhm]

@Shanerah @SteveSaretsky On similar deals, FNs finance most of their equity in large wind projects through a combination of: federal loans (CIB) and provincial supports. CIB provides below-market loans specifically for FN equity, which commercial banks would not offer at the same terms/risk profile.

[Tom Kloza @TomKloza]

Citi just told clients that agricultural commodities are "heavily skewed" to a sharp upside in next 6-12 months thanks to disruption in Strait of Hormuz and incredibly strong El Nino. Projects corn rising to $5/bu short term and $5.50/bu in 12 months. Clearly more inflation.

[Jack Morton @__jhm]

@TheInsiderPaper @grok What is the most price inelastic consumer appliance, auto part or manufactured good that I can purchase multiple units of now on alibaba, ebay or amazon?

[Jack Morton @__jhm]

Alaska moving forward with plans to build a new 400MW coal-fired power plant, highlighting a more region-specific approach— “leveraging local resources, integrating [carbon capture] , and prioritising reliability in a constrained energy system.” https://t.co/meygQyALVW #COAL

[Jack Morton @__jhm]

@ASX_invest @adamscrabble No mention of tungsten or any other metal supply.

[Heather Exner-Pirot @ExnerPirot]

The electricity abundance and affordability that Canada has enjoyed for decades are ending. Generation is down, exports are now imports, and investment is flat. Canada’s impending electricity shortage is not just an affordability
crisis; it is an economic and security one as well.
Pleased to launch this paper at @ippsaconference today /1
https://t.co/liLbdD3SWM

[Brandon Beylo @marketplunger1]

If your friends aren’t talking about:

- Tungsten
- Copper
- Gold
- Silver
- Nickel
- Underground
- Open-pit
- Force Majeure
- HPAL processing

You need to find new friends.

[Jack Morton @__jhm]

@barryknapp @TMTLongShort It's hitting Japan, Korea and India. China is still taking Iranian oil deliveries. And in the lead up to this 'plan', the US sold its helium reserves, let oil stockpiles fall to a multi-decade low, and now have likely alienated their Arab allies. https://t.co/URU9nTmaMY

[Current Report @Currentreport1]

BREAKING:

Iran has exported about 11.7 million barrels of crude oil to China through the Strait of Hormuz since the war with the US and Israel began on February 28 – CNBC

[Jack Morton @__jhm]

@michaeljmcnair No this blockade locks up Gulf oil at the terminals. Other oil producing countries can't substitute if the infrastructure isn't there. And if instead China acts as the intermediary for global oil flows then everything now is priced in renminbi, not dollars.

[KKGB @INArteCarloDoss]

Oil price won’t go up

Oil price might go up but will be transitory

Oil price did go up but it will come back down

Oil price going up is good for America

[Gregory Zuckerman @GZuckerman]

Fracking and horizontal drilling will go down as among the most important - and unlikely — technological achievements of the past century.

We're talking Silicon Valley impact -- had George Mitchell’s crew not used an excessive amount of water one day to fracture rock in Texas’s Barnett Shale—stumbling onto a cheap and effective way to tap oil and gas deep below the surface all over this country — much of the world would be desperate for energy right now— and likely facing severe economic downturns.

A shoutout, too, to Charif Souki, former owner of L.A.'s infamous Mezzaluna restaurant, who convinced Blackstone and others to lend tens of billions so he could build a terminal in Louisiana to export LNG to Europe and Asia. Those continents should build monuments to the LNG pioneers. I can’t imagine where they’d be today without them.

[Jack Morton @__jhm]

@jtourzan There are typically massive piles of stockpiled sulphur in Northern Alberta generated by removing it from our ‘sour gas’ petroleum. You can see them if you fly over. It usually is a glut, but every once in a while it can be transported to tidewater and sold.

[Jack Morton @__jhm]

@StrangerJosh11 https://t.co/rc9Wg5jWQw

[Dan Dicks @DanDicksPFT]

Airports shut down, military getting involved, power may soon be cut, our resort is surrounded by burning cars, the situation is intense!

[Kirk Lubimov @KirkLubimov]

Pay attention to the yellow line.

Canada's ability to export electricity has been declining for years and we are now a net importer.

This also means we don't have a stable grid.

Instead of building out low cost energy that powers our economy and supplying the US - adding billions to the economy, Canada fell into ideologies and red tape putting us years behind, and now needing the US for electricity.

[Jack Morton @__jhm]

"Llama-Supported Geologic Fieldwork in Brooks Range, Alaska", 1985 https://t.co/BWqofEDXNG

[Heather Exner-Pirot @ExnerPirot]

Have to remind everyone there was huge environmental opposition to the LNG plant that’s keeping the lights on today. Yukon needs more thermal generation, not less. Are there any environmental groups that will stand up today and say they don’t?

https://t.co/YTuWozbn54